Tag Archives: 30-Year Mortgage Rates Climb Near 4% Range

For the sixth consecutive week, mortgage rates inched higher, continuing to climb from all-time lows, Freddie Mac reports in its weekly mortgage market survey. The 30-year fixed-rate mortgage ”the most popular among home buyers” has now climbed a half percentage point since last month. A strengthening economy and positive employment report this month prompted fixed-rate mortgages to climb higher this week, says Frank Nothaft, Freddie Mac’s chief economist. Freddie Mac reports the following national averages with mortgage rates for the week ending June 13: 30-year fixed-rate mortgages averaged 3.98 percent, […]