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Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers' borrowing costs

Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers' borrowing costs
Photo: KPRC 2 / Click2Houston (NBC) · view original

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

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