Higher Mortgage Rates Threaten to Slow an Already Weak Housing Season

Mortgage rates have risen to a one-month high, creating new pressure for buyers during what is usually the most important season for the U.S. housing market. The average rate on a 30-year fixed mortgage rose to 6.37%, up from 6.30% the previous week, according to Freddie Mac. That may appear like a small weekly move, […]