Mortgage Rates Jump Higher: Freddie Mac
Money advertising. We may be compensated if you click on this ad.Advertisement Buyers are not feeling the brakes. After five weeks of decline, mortgage rates have rebounded. The average interest rate on a 30-year fixed-rate loan rose to 6.39%, a change of 0.12 percentage points over the past seven days, according to weekly rate data from Freddie Mac. An even bigger jump was seen in the 15-year fixed-rate loan rate, rising 0.22 percentage points to 5.76%. In a press release, a change in market expectations led to the rate hike...