Average US rate on 30-year mortgages rises to 4.01 percent

WASHINGTON — Average long-term U.S. mortgage rates crossed the 4 percent mark this week, a slight increase in the wake of the Federal Reserve decision this month to hike a key short-term interest rate. Mortgage buyer Freddie Mac said Thursday that the average rate on a 30-year fixed-rate mortgage rose to 4.01 percent from 3.96 […]