Event Dime
Mortgage rates hit 9-month high, raising costs for Long Island homebuyers
Events
- When:
- May 29, 2026 ยท 9:00 AM
- Where:
- Grumman's cleanup in Bethpage: Residents spending millions on legal fight, NC
- Source:
- Grumman's cleanup in Bethpage: Residents spending millions on legal fight
The average 30-year mortgage rate climbed to 6.53%, adding pressure to Long Island buyers already navigating high prices, low inventory and bidding wars.