Average 30-year US mortgage rate climbs to 6.58%, highest level in nearly a year
Headline from Anchorage Daily News
Mortgage rates are influenced by several factors, from the Federal Reserve’s interest rate policy decisions to bond market investors’ expectations for the economy and inflation.
Anchorage Daily News's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The average long-term U.S. mortgage rate climbed this week to its highest level in nearly 12 months, pushing up borrowing costs for prospective homebuyers at a time when rising oil prices are already squeezing household budgets.
Mortgage rates are influenced by several factors, from the Federal Reserve’s interest rate policy decisions to bond market investors’ expectations for the economy and inflation.
The average long-term U.S. mortgage rate climbed this week to its highest level in nearly 12 months, pushing up borrowing costs for prospective homebuyers at a time when rising oil prices are already squeezing household budgets. Mortgage buyer Freddie Mac…
The 30-year fixed mortgage hit 6.58% this week, its highest level in nearly a year, as the conflict between the U.S. and Iran pushes oil prices higher.
Mortgage rates just reached the highest level in more than a year. The daily index for a 30-year fixed-rate mortgage in the U.S. jumped to 6.85% Thursday, tracking by Mortgage News Daily showed, a hike of 0.08 percentage points from Wednesday’s 6.77% rate.
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Average 30-year US mortgage rate climbs to 6.58%, highest level in nearly a year | Since Then
