LOS ANGELES >> The average long-term U.S. mortgage rate rose this week to its highest level since mid-March, driving up borrowing costs for prospective homebuyers facing a housing market that’s constrained by a dearth of homes for sale.
Mortgage buyer Freddie Mac said today that the average rate on the benchmark 30-year home loan rose to 6.57% from 6.39% last week. The…
This story from staradvertiser.com was posted on 2023-05-26 by @airwise.