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Economy12:23 PM ET

Mortgage rates rise for seventh straight week, squeezing homebuyers

The average rate on a 30-year fixed mortgage rose this week to 7.4%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 7.28%.

Republican Ledger staff · 12:23 PM ET

Mortgage rates rise for seventh straight week, squeezing homebuyers
The Republican Ledger

Our newsroom is writing this report…

The average rate on a 30-year fixed mortgage rose this week to 7.4%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 7.28%.

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