We saw mortgage interest rates continue to creep upwards in the last 30 days. The recent increase will cost new borrowers an additional $6.22 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 3.75% as of this week. Last month at this time, they were sitting at 3.64%. The slow and steady decline since November 2018 has halted for now.

