Market
Mortgage rates increase for the first time in over a month. Here’s why.
[ad_1]
The numbers: U.S. mortgage rates rose for the first time in over a month in April, making homeownership more expensive for potential homeowners.
The 30-year fixed-rate mortgage averaged 6.39% as of April 20, according to data released by Freddie Mac on Thursday.
The 30-year rate rose after dropping for five straight weeks.
It’s…
[ad_2]
Source link