Average long-term US mortgage rate churns upward to its highest level in nearly 3 years at 7.28%
The average long-term U.S. mortgage rate has risen to 7.28%, marking its highest level in nearly three years.
NEW YORK (AP) — The average long-term U.S. mortgage rate jumped this week to its highest level in nearly three years. The benchmark 30-year fixed-rate mortgage rose to 7.28% from 7.03% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the average rate was 6.34%. It is the sixth consecutive week that mortgage...
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