Mortgage Rates Rise Above 7%

P.M. Edition for Sept. 24. The average 30-year mortgage rate in the U.S. topped 7% (wsj.com/economy/housing/mortgage-rates-just-hi…) this week for the first time since early last year–another hurdle for people looking to buy a home. But we hear about a silver lining in the housing market from Journal reporter Nicholas Miller (wsj.com/news/author/nicholas-g-miller?mod=WSJ_…). Plus, President Trump welcomes Chinese leader Xi Jinping (wsj.com/world/china/trump-kicks-off-white-hous…) to the White House with an extravagant ceremony. National security reporter Robbie Gramer (wsj.com/news/author/robbie-gramer?mod=WSJ_WNPOD) discusses the leaders’ friendly tone at this morning’s joint address, and what lies ahead in the talks. And Israeli prime minister Benjamin Netanyahu made a defiant speech (wsj.com/world/middle-east/netanyahu-returns-to…) to the United Nations General Assembly, which highlighted his growing isolation on the world stage. Alex Ossola hosts.

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