US EditionAverage rate on a 30-year mortgage edges higher after declining four weeks in a row
- The average rate on a 30-year U.S. mortgage increased to 6.3%, as reported by Freddie Mac.
- This increase ends a four-week decline that provided the lowest borrowing costs in nearly a year.
- Despite this rise, mortgage rates remain near 11-month lows, offering opportunities for buyers and homeowners refinancing.
- Economists expect mortgage rates to stay in the mid-6% range for the rest of the year.
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28 Articles
According to Freddie Mac's analysis, mortgage rates increased from 6.3% to 6.26% last week.
U.S. mortgage rates rise after four-week decline
KEY TAKEAWAYS: Average 30-year mortgage rate rises to 6.3% this week 15-year mortgage rate increases to 5.49% Rates follow Treasury yield and Fed policy trends Four-week decline in rates ends, impacting homebuyers’ financing decisions The average rate on a 30-year U.S. mortgage ticked up this week, ending a four-week slide that brought down borrowing costs for homebuyers to the lowest level in nearly a year. The rate rose to 6.3% from 6.26…
Associated Press News
Average rate on a 30-year mortgage edges higher after declining four weeks in a row
The average rate on a 30-year U.S. mortgage ticked up this week, ending a four-week decline. Mortgage buyer Freddie Mac said Thursday that the average rate rose to 6.3% from 6.26% last week.
Freddie Mac US 30-Year Mortgage Rate Rises to 6.3%
The 30-year fixed mortgage rate for week ending Sept. 25 rose to 6.3% from 6.26%, Freddie Mac data show. 15-year rate avg 5.49%, up from 5.41% a week earlierFrom the report: "Following several weeks of decline, mortgage rates inched up this week”“Housing market activity continues to hold up with purchase and refinance applications increasing"In a report out earlier this week MBA said the 30-year fixed rate was 6.34% for the week ending last Frid…
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