Mortgage & Housing
30-Year Mortgage Rate Rises to 6.37% in Latest Freddie Mac Survey
via Freddie Mac
Freddie Mac's weekly Primary Mortgage Market Survey showed the 30-year fixed rate climbing to 6.37% for the week ending May 7, up from 6.30% the prior week. The 15-year fixed rate rose from 5.64% to 5.72% over the same period.
Why it matters
Even a small weekly rate uptick adds hundreds of dollars to total loan costs, so rate-shopping multiple lenders before locking remains one of the highest-impact moves a home buyer can make right now.


