
Average long-term US mortgage rate climbs for the fourth straight week
By: Spring House Hunt Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also rose this week. Five years ago, the average rate was 4.2%, according to the Federal Reserve of St. Louis. Adobe Stock By ALEX VEIGA, Associated Press April 25, 2024 | 12:27 PM LOS ANGELES (AP) — The…