The average 30-year fixed mortgage rate edged up to 6.66% last week, the highest in a year, reversing a decline that had briefly pushed rates below 6% in February
“People that have been on the sidelines, they realize that this is probably going to be a while,” said Vivian Gueler, a mortgage lender in LA. “So they're just jumping off the sidelines and starting to look around a little bit.”