Feddie Mac

US mortgage rates climb to a nearly 4-year peak

WASHINGTON/February 15, 2018 (AP)(STLRealEstate.News) — Long-term U.S. mortgage rates jumped this week to their highest level in nearly four years, a sign that the prospect of higher inflation is steadily increasing the cost of borrowing to buy a home. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages rose to 4.38 percent this … Continue reading US mortgage rates climb to a nearly 4-year peak