US Mortgage Rates Hit 20-Month High
The interest rate on the most common US home loan rose to 6.95 percent this week. Freddie Mac reported the increase to a 20-month high, up from 6.76 percent last week.
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The average U.S. 30-year mortgage rate rose 19 bps to 6.95% on Wednesday, reaching the highest level since January 2025. The rate increased from 6.76% the previous week, according to FREDDIE MAC.
