U.S. Mortgage Rates Jump to Highest Since December

June 4 (Bloomberg) — Fixed U.S. mortgage rates jumped to the highest level this year, signaling the Federal Reserve’s plan to lower borrowing costs has stalled.  The average 30-year rate rose to 5.29 from 4.91 percent a week earlier, Freddie Mac, the McLean, Virginia-based mortgage buyer, said today in a statement. The last time the rate was higher was Dec. 11, when it was 5.47 percent. The average 15- year rate rose to 4.79 percent from 4.53 percent

3 Responses to “U.S. Mortgage Rates Jump to Highest Since December”

  1. John Says:

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  3. Tyler Wickey Says:

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