Reported 3 months ago
Mortgage rates increased slightly this week, with the average for a 30-year fixed-rate mortgage rising to 6.12% as of Thursday, up from a two-year low of 6.08% the previous week. The uptick follows an increase in Treasury yields, influenced by economic conditions and geopolitical tensions. Despite higher rates, homebuyer applications have risen, indicating continued demand in the housing market.
Source: YAHOO