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Economy

Average US rate on 30-year loan rises to 4.46 pct

By Washington Examiner
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Average US rate on 30-year loan rises to 4.46 pct

WASHINGTON (AP) — Average U.S. rates for fixed mortgages rose sharply this week, making home-buying slightly less affordable.

Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year loan jumped to 4.46 percent from 4.29 percent last week. The average on the 15-year fixed loan increased to 3.47 percent from 3.30 percent.

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