US Mortgage Rates Inch Up From a Three-Year Low, Reaching 6.09%
Prospective buyers take a tour during an open house at a home in Seattle.
Photographer: David Ryder/BloombergUS mortgage rates climbed from a three-year low as fears about a potential trade war over Greenland drove up yields for the government bonds that guide home loans.
The average for 30-year, fixed loans was 6.09%, up from 6.06% last week, which was the lowest point since September 2022, data from Freddie Mac showed Thursday.