Washington Post

Mortgage rates reach levels not seen in seven years

Foto: AP/Pablo Martinez Monsivais

After a brief pause, mortgage rates are back on the ascent.

According to data released Thursday by Freddie Mac, the 30-year fixed-rate average climbed to 4.61 percent with an average 0.4 point. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It was 4.55 percent a week ago and 4.02 percent a year ago. The 30-year fixed rate hasn't been this high since May 2011...

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