U.S. Mortgage Rates Rise for First Time in Six Weeks

Mortgage rates in the U.S. rose, increasing home-loan costs for the first time in six weeks.

The average rate for a 30-year fixed mortgage was 4.14 percent this week, up from 4.12 percent, Freddie Mac said in a statement today. The average 15-year rate climbed to 3.23 percent from 3.21 percent, according to the the McLean, Virginia-based mortgage-finance company.

To contact the reporter on this story: Prashant Gopal in Boston at pgopal2@bloomberg.net

To contact the editors responsible for this story: Kara Wetzel at kwetzel@bloomberg.net Christine Maurus

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