The average rate in a 30 -year mortgage in the US. UU. Increased above 6.8% this week, returning where it was only three weeks ago.
The rate increased to 6.81% from 6.76% last week, the mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.02%.
Loan costs in 15 -year fixed rate mortgages, popular among housing owners that refine their home loans, also increased. The average rate increased up to 5.92% of 5.89% last week. It is below 6.28% a year ago, said Freddie Mac.
The mortgage rates are influenced by several factors, including the global demand of the US Treasury, the decisions of the Federal Reserve Interest Policy and the expectations of the investors of the bond market on the economy and inflation.
