The average mortgage rate for 30-year fixed loans rose today to 7.60% from 7.35% last week, according to data from Curinos. This is up from last month’s 7.26% and up from a year ago when it was 5.93%.
At the current 30-year fixed rate, you’ll pay about $705 each month for every $100,000 you borrow — up from about $695 last week.
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