The average mortgage interest rate for a standard 30-year fixed mortgage is 6.92%, increasing 0.04 percentage points from last week’s 6.88%, according to Bankrate.
A dip in mortgage rates lured more buyers into the market, pushing up home sales. Prices, meanwhile, were tied for second-highest on record, CoreLogic reported.
The averagerate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since early July. The rate ticked up to 6.79% from 6.72% last week, ...
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