30-year

Long-term mortgage rates rise: 30-year hits 4.04 percent

WASHINGTON/January 18, 2018(AP)(STL.News)— Interest rates on long-term home loans rose this week. The rate on the benchmark 30-year, fixed-rate mortgage hit the highest level since May 2017. Mortgage giant Freddie Mac says the 30-year rate rose to 4.04 percent this week from 3.99 percent last week. The rate on 15-year, fixed-rate mortgages, popular with homeowners … Continue reading Long-term mortgage rates rise: 30-year hits 4.04 percent