Mortgage Rates Jump for Second Week to 6.37%, Freddie Mac Says
Mortgage rates in the US jumped for the second straight week, a rise in borrowing costs that threatens to stall the spring home sales season.
The average rate for 30-year fixed loans climbed to 6.37% from 6.3% last week, matching the level on April 9, Freddie Mac reported on Thursday. A year ago, the rate was 6.76%.