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US long-term mortgage rates up for 6th week; 30-year at 6.7%

Summary by Ground News
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. Last week, the Federal Reserve bumped its benchmark borrowing rate by another three-quarters of a point.

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Bias Distribution

  • 58% of the sources are Center
58% Center
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Star Advertiser broke the news in Honolulu, United States on Thursday, September 29, 2022.
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