August 4, 2025

Tesla

Mortgage

Mortgage rates edge higher; Tesla raises concerns over retaliatory tariffs 

The average rate on a 30-year mortgage in the U.S. edged higher last week, ending a seven-week slide that helped ease borrowing costs for home shoppers leading into the spring homebuying season. The rate averaged 6.65% this week, up from 6.63% last week, mortgage buyer Freddie Mac said. A year ago, it averaged 6.74%. Borrowing

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