By Gina Heeb
Mortgage rates climbed to the highest level in more than a month.
The average rate on the standard 30-year fixed mortgage rose to 6.32%, according to a survey of lenders released Thursday by the mortgage-finance company Freddie Mac. It was 6.12% a week ago.
That was the largest weekly increase in around six months.
Mortgage rates tend to move loosely in line with the 10-year Treasury yield. That rose above 4% this week, after surprisingly hot jobs data last Friday.
The Mortgage Bankers Association now expects mortgage rates to fluctuate within the 6% to 6.5% range "for the next several months," chief executive Bob Broeksmit said Thursday.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
October 10, 2024 12:00 ET (16:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。