US 30-year fixed mortgage rate hit 6.51%, a nine-month high, as inflation concerns grow. Here's what it means for housing and crypto-backed mortgages.

With inflation continuing to rise, borrowers need to understand the impact on the mortgage interest rate climate.

US 30-year fixed mortgage rate hit 6.51%, a nine-month high, as inflation concerns grow. Here's what it means for housing and crypto-backed mortgages.

US mortgage rates reached a nine-month high of 6.65% last week, driven by elevated oil prices and inflation concerns. This surge, coupled with a persistent housing shortage and…