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U.S. 30-year mortgage rates rise from 14-month low: Freddie Mac

Published 04/04/2019, 10:28 AM
Updated 04/04/2019, 10:30 AM
© Reuters. FILE PHOTO:  Homes are seen for sale in the southwest area of Portland

NEW YORK (Reuters) - Interest rates on U.S. 30-year fixed-rate mortgages edged up from their lowest in over 14 months as bond yields have risen this week on encouraging economic data and optimism on a trade deal between China and the United States, Freddie Mac said on Thursday.

© Reuters. FILE PHOTO:  Homes are seen for sale in the southwest area of Portland

Thirty-year mortgage rates averaged 4.08% in the week ended April, up from the prior week's 4.06%, which was the lowest level since Jan. 18, 2018, the mortgage finance agency said.

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