Mortgage Rates in the U.S. Tick Up With 30-Year Loan at 2.93%

U.S. New-Home Sales Surge With Buyers Returning To Market — Photographer: David Paul Morris/Bloomberg

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By Christine Maurus

September 3, 2020 at 2:00 PM UTC

This article is for subscribers only.

Mortgage rates in the U.S. climbed while still holding close to the record lows that have juiced up the housing market.

The average for a 30-year, fixed loan was 2.93%, up from 2.91% last week, Freddie Mac said in a statement Thursday. The rate has increased in three of the past four weeks after hitting a record low of 2.88% in early August.