Mortgage Rates Rise Amid Weaker-than-Expected Housing Data
August 16, 2018 at 16:53 PM EDT
The latest homebuilding data from the U.S. Census Bureau and the Department of Housing and Urban Development posted a weaker-than-expected rebound as housing starts rose 0.9% to a seasonally-adjusted annual rate of 1.168 million units in July. The 30-year mortgage rate ticked higher to 4.792 as of...