Mortgage rates jumped this week to the highest level in nearly four months, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6.22% from last week's reading of 6.11%. The average rate on a 30-year loan was 6.67% a year ago."The 30-year fixed-rate mortgage edged up this week to 6.22% but remains nearly half a percentage point lower than the same time last year," said Sam Khater, Freddie Mac's chief economist. "Potential homebuyers are poised for a more affordabl...
HALO NEWSLETTER
Join HALO today and unlock this story instantly — It's Free
