Bloomberg

U.S. Mortgage Rates Climb Back Above 3%

(Bloomberg) — U.S. mortgage rates surged back above 3%.Most Read from BloombergStartup Fever Is Gripping the World’s Last Big Untapped NationA Denser City, But at What Cost?Hong Kong’s New Museum Tries to Please Art World — and BeijingAn Oil Company Went Up in Flames, Burning Lenders and the PlanetElizabeth Holmes Faces Last-Ditch Chance to Testify at TrialThe average rate for a 30-year loan was 3.10%, up from 2.98% last week and the highest since Oct. 28, Freddie Mac said Thursday. Borrowing c