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Economic Report: Mortgage rates increase for the first time in over a month. Here’s why.

The 30-year mortgage rate is averaging at 6.39%, Freddie Mac said in its latest weekly survey on Thursday. Read More...

The numbers: U.S. mortgage rates rose for the first time in over a month in April, making homeownership more expensive for potential homeowners.

The 30-year fixed-rate mortgage averaged 6.39% as of April 20, according to data released by Freddie Mac on Thursday. 

The 30-year rate rose after dropping for five straight weeks. 


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