US long-term mortgage rates up for 6th week; 30-year at 6.7%
12 Articles
12 Articles
US long-term mortgage rates up for 6th week; 30-year at 6.7%
WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week for the sixth straight week, marking new highs not seen in 15 years, before a crash in the housing market triggered the Great Recession.Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate climbed to 6.70% from 6.29% last week. By contrast, the rate stood at 3.01% a year ago.The average rate on 15-year, fixed-rate mortgages, popular among thos…
Mortgage rates up again, 30-year at 6.7%
Average long-term U.S. mortgage rates rose this week for the sixth straight week, marking new highs not seen in 15 years, before a crash in the housing market triggered the Great Recession.Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate climbed to 6.70% from 6.29% last week. By contrast, the rate stood at 3.01% a year ago.The average rate on 15-year, fixed-rate mortgages, popular among those looking to refin…
US long-term mortgage rates up for 6th week; 30-year at 6.7%
WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week for the sixth straight week, marking new highs not seen in 15 years, before a crash in the housing market triggered the Great Recession.Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate climbed to 6.70% from 6.29% last week. By contrast, the rate stood at 3.01% a year ago.The average rate on 15-year, fixed-rate mortgages, popular among thos…
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