Published

Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks

  • The average rate on a 30-year mortgage rose to 6.44%, the highest level in eight weeks, according to mortgage buyer Freddie Mac.
  • This increase marks the third consecutive week of rising rates, up from 6.32% last week.
  • Economists expect mortgage rates to stay near current levels for the remainder of the year.
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Bias Distribution

  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Center
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