Mortgage Rates in the US Jump to a Two-Month High of 6.77%
Prospective buyers attend an open house in Larchmont, New York.
Photographer: Tiffany Hagler-Geard/BloombergThis article is for subscribers only.
Mortgage rates in the US rose to the highest level since mid-December, just as the housing market enters its key spring selling season.
The average for a 30-year, fixed loan was 6.77%, up from 6.64% last week, Freddie Mac said in a statement Thursday.