As the Federal Reserve continues to fight a struggling economy and inflation, mortgage rates continue to creep higher.
According to the mortgage company, Freddic Mac, the 30-year fixed rate mortgages averaged 6.32% last week. That is up sharply from 6.09% the previously week. Read more.
More on Illinois rates after the jump ...
Locally, in Illinois, bankrate.com reports the 30-year fixed rate mortgages average 6.33%. The average rate is even higher in Chicago. According to bankrate.com, it stands at 6.35%. Click here to read more.
