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Average mortgage rate climbs to nearly 7-month high
Average mortgage rate climbs to nearly 7-month high
Average mortgage rate climbs to nearly 7-month high

Published on: 04/02/2026

This news was posted by Oregon Today News

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Description

When mortgage rates rise, they can add hundreds of dollars a month in costs for home shoppers, limiting what they can afford to buy.

The average long-term U.S. mortgage rate climbed for the fifth straight week, reaching its highest level in nearly seven months, another setback for home shoppers in the midst of the spring homebuying season.

News Source : https://www.oregonlive.com/realestate/2026/04/average-mortgage-rate-climbs-to-nearly-7-month-high.html

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