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Home / News / U.S. key 30-year mortgage rate jumps back over 5%, now 5.22%

U.S. key 30-year mortgage rate jumps back over 5%, now 5.22%

WASHINGTON (AP) — Average long-term U.S. mortgage rates soared this week in a continued volatile market as the key 30-year loan rate jumped back over 5%. Mortgage buyer Freddie Mac reports that the 30-year rate rose to 5.22% from 4.99% last week. By contrast, the rate stood at 2.87% a year ago. The average rate on 15-year, ...