US 30-year mortgage rate hits highest in nearly three years
The average interest rate on the most common US home loan jumped last week to its highest level in almost three years, worsening affordability for potential buyers.
Story updates
11:02:28 AM UTC
SquawkNews
US 30 – year mortgage rate hits highest in nearly three years
The interest rate on the most common US home loan rose last week to its highest in almost three years, adding to affordability pressure for buyers four weeks before elections that will decide whether President Donald Trump's Republicans keep control of Congress. The average 30-year fixed-rate mortg…