The average rate on a 30-year mortgage rose to 6.72%, according to Freddie Mac, ending a five-week slide. MCCLEAN, Va. — The average rate on a 30-year mortgage rose to 6.72%, according to Freddie Mac, ending a five-week slide.

The average rate on a 30-year U.S. mortgage fell to its lowest level since early May, an encouraging trend for prospective homebuyers at a time when the U.S. housing market remains largely held back b

Average rate on a 30-year U.S. mortgage falls to 6.67%, the fifth straight decline and the lowest level in three months.

Rates on 30-year new purchase mortgages inched up 2 basis points Monday, for a two-day climb of 6 points ... a government-sponsored buyer of mortgage loans, publishes a weekly average of 30-year mortgage rates. Last week's reading ticked down 1 basis ...

While price growth has slowed, elevated mortgage rates and rising prices are forcing prospective homebuyers to save more for a down payment. In May, buyers needed an annual income of $91,960 to afford a typical home with a 20% down payment, or nearly 87% more than in May 2019, according to Realtor.com.