Real Estate
US Mortgage Rates Nudge Higher, Reaching 6.11% for 30-Year Loans
Housing demand has remained sluggish even as rates dropped from nearly 7% a year ago.
Photographer: Zak Bennett/BloombergMortgage rates in the US rose for a third week, adding slightly to housing costs with the key spring sales season ahead.
The average for 30-year, fixed loans was 6.11%, up marginally from 6.1% last week, data from Freddie Mac showed Thursday.