Skip to content
The San Antonio

Average 30-year US mortgage rate climbs to 6.58%, highest level in nearly a year

Average 30-year US mortgage rate climbs to 6.58%, highest level in nearly a year
Photo: KSAT 12 (ABC affiliate) · view original

The average long-term U.S. mortgage rate climbed this week to its highest level in nearly 12 months, pushing up borrowing costs for prospective homebuyers at a time when rising oil prices are already squeezing household budgets. The benchmark 30-year fixed rate mortgage rate rose to 6.58% from 6....

Sources and story details