Mortgage rates rise for the fourth week in a row

Mortgage rates jump to 6.65%, up four weeks in a row

For a $600,000 mortgage, a consumer would be paying $3,852 a month, compared to $2,782 nearly a year ago.

Average long-term US mortgage rate hits 3-month high

The average long-term U.S. mortgage rate hit a three-month high this week, reflecting higher Treasury yields and expectations that the Federal Reserve will continue to raise its benchmark rate and keep it there until inflation recedes. Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate rose to 6.65% from 6.5% last week. The average rate a year ago was 3.76%. The average long-term rate reached a two-decade…

Average long-term mortgage rate hits 3-month high

The average long-term U.S. mortgage rate hit a three-month high this week, reflecting higher Treasury yields and expectations that the Federal Reserve will continue to raise its benchmark rate and keep it there until inflation recedes. Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate rose to 6.65% from 6.5% […]

Mortgage rates rise for the fourth week in a row

By Anna Bahney, CNN

Average long-term US mortgage rate hits 3-month high

The average long-term U.S. mortgage rate hit a three-month high this week, reflecting higher Treasury yields and expectations that the Federal Reserve will continue to raise its benchmark rate and

Mortgage rates rise for the fourth week in a row

Mortgage rates shot up for the fourth consecutive week, as inflation concerns remain.