US Mortgage Rates Rise to 6.30% as Buyers Face Payment Squeeze
US mortgage rates have risen to 6.30%, ending a three-week decline just as more buyers return for the spring housing season. Freddie Mac said the average 30-year fixed mortgage increased from 6.23% last week, while purchase applications are running more than 20% above last year’s level. The squeeze for homebuyers is brutally simple. Borrowing is…








