Mortgage Rates In United States Have Reached Three -month Maximum

The average interest rate on a long -term mortgage in the United States grew by 6 basic points, reaching 6.92% per annum. Such data are given in a weekly review of the Association of Mortgage Bankers (MBA).

According to the message, this is the highest level since mid -February.

The number of applications for a mortgage decreased by 5.1% compared to the previous week.

Applications for the purchase of housing and for refinancing existing loans fell by 5%.

The average interest rate under a contract for 30-year mortgage loans with a fixed rate increased to 6.92% from 6.86%

The average interest rate on a 30-year mortgage in the country last week increased from 6.86% to 6.92%.

The average rate at a 15-year-old fixed mortgage increased from 6.12% to 6.21%.