Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers’ borrowing costs
Headline from WHEC Rochester
The average long-term U.S. mortgage rate drew closer this week to 6.5%, pushing up borrowing costs for prospective homebuyers. Mortgage buyer Freddie Mac said Thursday that the benchmark 30-year fixed rate mortgage rate rose to 6.49% from 6.43% last week. One year ago, the average rate was 6.72%.
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The average long-term U.S. mortgage rate drew closer this week to 6.5%, pushing up borrowing costs for prospective homebuyers. Mortgage buyer Freddie Mac said Thursday that the benchmark 30-year fixed rate mortgage rate rose to 6.49% from 6.43% last week. One year ago, the average rate was 6.72%.