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U.S. mortgage rates rise in latest week: Freddie Mac
May 11, 2017 / 2:23 PM / 6 months ago

U.S. mortgage rates rise in latest week: Freddie Mac

NEW YORK (Reuters) - U.S. mortgage rates rose in line with Treasury yields this week with the 30-year rate holding above 4 percent, according to mortgage finance agency Freddie Mac (FMCC.PK) on Thursday.

The borrowing cost on 30-year mortgages, the most widely held type of U.S. home loan, averaged 4.05 percent in the week ended May 11, compared with the prior week’s 4.02 percent, it said.

Reporting by Richard Leong; Editing by Chizu Nomiyama

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