The average 30‑year fixed‑rate mortgage in the United States rose to 7.03% this week, up from 6.95% the prior week, according to Freddie Mac. This marks the highest level since January 16, 2025, when the rate briefly hit 7.04%. The increase follows a five‑week streak of rising rates that is tightening affordability for prospective homebuyers.
Borrowers seeking shorter‑term loans also felt the pressure. The average rate on 15‑year fixed‑rate mortgages climbed to 6.42% from 6.26% last week, compared with 5.49% a year ago.
Arts funding under fire in Colombia
In Bogotá, thousands of Colombians took to the streets to protest a proposed reduction in government support for arts and culture programs. Demonstrators argue that cuts would jeopardize the nation’s vibrant cultural sector, which has long been a source of national pride and community cohesion. Organizers called on lawmakers to preserve funding that sustains museums, theaters, and grassroots artistic initiatives.
New wild cat discovered in Bolivia
Researchers working in the Bolivian Andes have identified a previously unknown species of small, spotted wild cat. The discovery adds to the region’s rich biodiversity and underscores the importance of continued scientific exploration in remote habitats. The finding was highlighted in a photo gallery curated by Anita Baca, a photo editor based in Mexico City, showcasing the animal’s distinctive coat pattern.
These three stories—rising U.S. mortgage rates, cultural protests in Colombia, and a scientific breakthrough in Bolivia—illustrate the diverse challenges and achievements shaping the Americas today.
Original reporting: Alexandria, VA News – WTOP News — read the source article.