US mortgage rates saw a slight uptick this week, ending a four-week downward trend that had brought borrowing costs to their lowest in over a year. The average 30-year fixed mortgage rate climbed to 6.22%, while 15-year fixed rates also edged higher. This shift, influenced by Federal Reserve actions and economic outlook, impacts homebuyer affordability and refinancing opportunities.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/9Lg24UM
