US EditionAverage Long-Term US Mortgage Rate Ticks up for Second Straight Week, to 6.34%
The average 30-year mortgage rate rose to 6.34%, influenced by Federal Reserve policy and economic outlook, with 81% of U.S. homes having rates at or below 6%, Realtor.com said.
- The average long-term US mortgage rate ticked up to 6.34% this week from 6.3% last week.
- Mortgage rates are influenced by factors like the Federal Reserve's interest rate policy and bond market expectations for the economy and inflation.
- The late-summer decline in mortgage rates has encouraged many recent homebuyers to refinance to lower rates, but economists forecast rates to remain around mid-6% this year.
25 Articles
25 Articles
Associated Press News
Average long-term US mortgage rate ticks up for second straight week, to 6.34%
The average rate on a 30-year U.S. mortgage ticked up for the second straight week following a string of declines that had brought down home borrowing costs to the lowest level in nearly a year.
Mortgage rates are edging higher after weeks of declines
The average rate on a 30-year U.S. mortgage ticked up for the second straight week following a string of declines that had brought down home borrowing costs to their lowest level in nearly a year. The average long-term mortgage rate rose this week to 6.34% from 6.3% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.12%. Mortgage rates are influenced by several factors, from the Federal Reserve’s interest rate p…
Mortgage rates climb for second straight week
Mortgage rates rose this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage increased to 6.34% from last week's reading of 6.3%. The average rate on a 30-year loan…
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