Freddie Mac 30‑yr Mortgage Rate Hits 6.51%

Freddie Mac reported its 30‑year fixed‑rate mortgage averaged 6.51%, up from 6.36% the prior week.
The 30‑year rate was 6.86% a year earlier, indicating a slight decline over the 12‑month period.
The 15‑year fixed‑rate mortgage rose to 5.85% from 5.71% last week, versus 6.01% a year ago.
Chief Economist Sam Khater advised buyers to shop around for rates to potentially save thousands amid fluctuations.