Freddie Mac: 30 year fixed-rate mortgage rises to 6.83% in the current week

Freddie Mac is reporting that the US 30 year fixed-rate mortgage came in at 6.83% for the April 17 week. That is up from versus 6.62% in the prior week.

The high mortgage rate for the year is around 7.04%. Below is around 6.6%. The current rate is new the middle of that range at 6.83%.

This article was written by Greg Michalowski at www.forexlive.com.