
FILE PHOTO: Homes are seen for sale in the southwest area of Portland, Oregon March 20, 2014. REUTERS/Steve Dipaola/File Photo
April 4, 2019
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.
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.
(Reporting by Richard Leong; Editing by Chizu Nomiyama)