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U.S. Mortgage Rates Fall to 6.2%, Lowest Since Early 2023

Credit and Debt Interest Rates Mortgages Real Estate and Housing (Residential) United States Economy

U.S. Mortgage Rates Fall to 6.2%, Lowest Since Early 2023

The average rate on 30-year mortgages declined to 6.2 percent this week, the lowest point since early 2023.

By Danielle Kaye

30-Year Mortgage Rate Falls to 6.35%

Credit and Debt Federal Home Loan Mortgage Corp (Freddie Mac) Interest Rates Mortgages Real Estate and Housing (Residential) United States Economy

30-Year Mortgage Rate Falls to 6.35%

Further declines could encourage more activity from buyers and sellers.

By Danielle Kaye

Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World

Africa Banking and Financial Institutions China Credit and Debt Developing Countries Economic Conditions and Trends Foreign Investments Government Bonds International Monetary Fund Kenya Nigeria Politics and Government Suriname Uganda World Bank Zambia

Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World

Crushing obligations to foreign creditors that have few precedents have sapped numerous African nations of growth and stoked social instability.

By Patricia Cohen

If Your Debt Is Ballooning, There Are Steps You Can Take

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If Your Debt Is Ballooning, There Are Steps You Can Take

More borrowers have been falling behind on their credit card bills and are paying more for basic banking services, like A.T.M. fees.

By Ann Carrns