{"id":343642,"date":"2025-12-12T04:16:11","date_gmt":"2025-12-12T04:16:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/343642\/"},"modified":"2025-12-12T04:16:11","modified_gmt":"2025-12-12T04:16:11","slug":"average-long-term-mortgage-rate-ticks-up-to-6-22-but-remains-close-to-low-for-year","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/343642\/","title":{"rendered":"Average long-term mortgage rate ticks up to 6.22%, but remains close to low for year"},"content":{"rendered":"<p class=\"EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC \">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.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The uptick brings the average long-term mortgage rate to 6.22% from 6.19% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.6%.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also rose this week. The rate averaged 5.54%, up from 5.44% last week. A year ago, it averaged 5.84%, Freddie Mac said.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Mortgage rates are influenced by several factors, from the Federal Reserve\u2019s <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/federal-reserve-economy-inflation-jobs-442de589de9b99bb811f76e402b00948\" rel=\"nofollow noopener\" target=\"_blank\">interest rate policy decisions<\/a> to bond market investors\u2019 expectations for the economy and inflation. They generally follow the trajectory of the 10-year Treasury yield, which lenders use as a guide to pricing home loans.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN \">The 10-year yield was at 4.12% at midday Thursday, slightly higher than it was a week ago.<\/p>\n","protected":false},"excerpt":{"rendered":"The average rate on a 30-year U.S. mortgage edged higher this week, though it remains relatively near its&hellip;\n","protected":false},"author":2,"featured_media":343643,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[172058,966,28,109,101,9399],"class_list":{"0":"post-343642","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-172058","9":"tag-article","10":"tag-business","11":"tag-economic-policy","12":"tag-economy","13":"tag-mortgages"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/343642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=343642"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/343642\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/343643"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=343642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=343642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=343642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}