BUSINESSKRON4 SAN FRANCISCO
Dreams of homeownership in Bay Area just got pricier
The average U.S. mortgage rate increased to 6.58% for a 30-year fixed rate, the highest in 12 months, according to Freddie Mac. This rise makes homeownership in the Bay Area more expensive, as rates climbed from 6.55% the previous week.
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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
- Freddie Mac says the average rate on a 30-year mortgage rose to 6.49% this week, returning to where it was two weeks ago
- Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers' borrowing costs
- Average 30-year US mortgage rate climbs to 6.55%, highest level in nearly a year