US mortgage rates surpass 4-year high

Average long-term U.S. mortgage rates increased this week to their highest level since January 2014, worsening affordability for would-be buyers at a moment when home sales have started to slump.

This weekLast weekYear ago
30-year fixed4.464.434.21
15-year fixed3.943.903.42
5-year adjustable3.633.623.23
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