The average long-term US mortgage rate rose to 6.57% this week, the highest level since mid-March
The average long-term US mortgage rate rose this week to its highest level since mid-March, driving up borrowing costs for prospective homebuyers facing a housing market constrained by a dearth of homes for sale. by ALEX VEIGA AP Business Writer May 25, 2023, 12:12 PM ET • 4 minutes to read LOS ANGELES — The …