WASHINGTON, D.C.: The average rate on a 30-year mortgage in the U.S. rose to 6.12 percent this week, the first increase in seven weeks.
The rate ticked up from 6.08 percent last week, mortgage buyer Freddie Mac said this week. A year ago, the rate averaged 7.49 percent.
Last week, the average mortgage rate fell to its lowest level in two years, giving homebuyers a boost in purchasing power despite the hou
