Average 30-year U.S. mortgage rate rises to 6.49%

The average long-term U.S. mortgage rate edged higher this week, staying close to 6.5%, where it’s been the last six weeks. The benchmark 30-year fixed rate mortgage rate rose to 6.49% from 6.47% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the average rate was 6.77%. When mortgage rates rise they can add hundreds […]