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Mortgage Rates Rise, Starbucks Workers Strike Nationwide

11/14/2025

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Summary

Story summary

The average 30-year U.S. mortgage rate rose to 6.24% this week from 6.22% last week, per Freddie Mac.
The average 15-year fixed-rate mortgage declined to 5.49%.
Despite higher rates, loan applications for home purchases rose nearly 6%, the strongest pace since September.
Over 1,000 unionized Starbucks workers struck at 65 stores in 45 cities, including New York and Seattle, to protest stalled negotiations and disrupt Red Cup Day.

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Story summary

The average 30-year U.S. mortgage rate rose to 6.24% this week from 6.22% last week, per Freddie Mac.
The average 15-year fixed-rate mortgage declined to 5.49%.
Despite higher rates, loan applications for home purchases rose nearly 6%, the strongest pace since September.
Over 1,000 unionized Starbucks workers struck at 65 stores in 45 cities, including New York and Seattle, to protest stalled negotiations and disrupt Red Cup Day.