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The San Francisco

Dreams of homeownership in Bay Area just got pricier

Dreams of homeownership in Bay Area just got pricier
Photo: KRON4 (KRON-TV) · view original

(KRON) -- Potential Bay Area homebuyers should brace for the bite! The average U.S mortgage rate climbed this week to its highest level in the past 12 months. A 30-year fixed rate mortgage rate rose to 6.58% from 6.55% last week. That's according to mortgage buyer Freddie Mac. One year ago, the a...

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