US Mortgage Rates Jump to 6.3% With First Increase in a Month [pbEAvxJfa5H]
US mortgage rates rose for the first time in a month, with the key spring selling season slow to gain momentum. The average rate for 30-year, fixed loans increased to 6.3% from 6.23% last week, Freddie Mac reported Thursday. Odeta Kushi, Deputy Chief Economist at First American, discusses affordability in the market as inflation fears continue to weigh on homeowners and homebuyers. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE: Follow us on X: Subscribe to our Podcasts: Bloomberg Daybreak: Bloomberg Surveillance: Bloomberg Intelligence: Balance of Power: Bloomberg Businessweek: Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: Android Auto: Visit our YouTube channels: Bloomberg Podcasts: Bloomberg Television: Bloomberg Originals: Quicktake: