Mortgage, rates
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1don MSN
Average US long-term mortgage rate ticks up to 6.22%, but remains close to its low for the year
The average rate on a 30-year U.S. mortgage edged higher this week, though it remains relatively near its low point so far this year.
The average rate on the 30-year fixed mortgage rose this week to 6.22%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.19%.
The Red Bank hikes some fixed home loan rates by 30 basis points citing recent swap rate movements, also raises some term deposit rates by a similar amount