WASHINGTON — U.S. mortgage rates rose this week to the highest level since July.
The benchmark 30-year fixed rate loan rate rose to 6.91% from 6.85% last week, according to mortgage giant Freddie Mac. It was at 6.62% a year ago.
The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages.
The average rate on a 15-year fixed-rate mortgage, popular wi