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Average long-term US mortgage rate climbs to 6.81% this week to highest level since November

Por: ABC News Business July 06, 2023

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LOS ANGELES -- The average long-term U.S. mortgage rate climbed to a new high for the year this week, pushing up borrowing costs for homebuyers already facing heightened competition in a housing market short on homes.The average rate on the benchmark 30-year home loan rose to 6.81% from 6.71% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 5.30%.It's the second consecutive week of higher rates, lifting the... + full article



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