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Business & Economics

US 30-year mortgage rate jumped last week to 2-month high

Reuters
Summary
Nutrition label

80% Informative

The interest rate for the most popular U.S. home loan jumped to 6.81% last week , its highest level in two months .

The average contract rate on a 30-year fixed-rate mortgage rose 20 basis points in the week ended April 11 .

That was the biggest one-week increase in the rate since October .

VR Score

91

Informative language

97

Neutral language

70

Article tone

formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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