rising interest

WASHINGTON | US long-term mortgage rates jump; 30-year at 4.62 percent

WASHINGTON (AP) — Long-term U.S. mortgage rates jumped this week after two straight weeks of declines, reaching their second-highest level this year. Against a backdrop of rising interest rates in the economy, long-term loan rates have been running at their highest levels in seven years. And the Federal Reserve on Wednesday raised its benchmark interest … Continue reading WASHINGTON | US long-term mortgage rates jump; 30-year at 4.62 percent