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Average US rate on a 30-year mortgage climbs to 6.83%, highest level since late February: Freddie Mac
- The average rate on a 30-year mortgage in the U.S. rose to 6.83%, the highest level in eight weeks, according to Freddie Mac.
- The rate increased from 6.62% last week and is down from 7.1% a year ago, as reported by Freddie Mac.
- The average rate for 15-year fixed-rate mortgages also rose to 6.03% from 5.82% last week, Freddie Mac stated.
- Mortgage rates are influenced by factors like the Federal Reserve's interest rate policies and the global demand for U.S. Treasurys.
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Average US rate on a 30-year mortgage climbs to 6.83%, highest level since late February - WSVN 7News | Miami News, Weather, Sports
The average rate on a 30-year mortgage in the U.S. climbed to its highest level in eight weeks, a setback for home shoppers in the midst of the spring homebuying season. The rate rose to 6.83% from 6.62% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.1%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also rose. The average rate increased to 6.03% from 5…
·Miami, United States
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Associated Press News+21 Reposted by 21 other sources
Average US rate on a 30-year mortgage climbs to 6.83%, highest level since late February
The average rate on a 30-year mortgage in the U.S. climbed to its highest level in eight weeks, a setback for home shoppers in the midst of the spring homebuying season.
·United States
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Coverage Details
Total News Sources46
Leaning Left5Leaning Right1Center29Last UpdatedBias Distribution83% Center
Bias Distribution
- 83% of the sources are Center
83% Center
14%
C 83%
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