U.S. long-term mortgage rates held steady this week, after falling for six straight weeks to reach their lowest levels in nine months.
Mortgage buyer Freddie Mac says the average rate on the benchmark 30-year, fixed-rate mortgage was unchanged from last week at 4.45 percent.
Rates remain far above last year's levels, however. The key 30-year rate averaged 4.04 percent a year ago.
The average rate for 15-year fixed-rate loans edged down to 3.88 percent from 3.89 percent last week.
The decline in home borrowing rates in recent weeks has been a spur to prospective homebuyers.
PORT ST. LUCIE, Fla. (AP) — Charlie Woods failed to advance in a U.S. Open local qualifying event Thursday, shooting a 9-over 81 at Legacy Golf & Tennis Club.
The 15-year-old son of Tiger Woods tied for 61st among the 74 players who finished. The top five advanced to regional qualifying.
Woods shot 40 on the front nine, opening bogey-double bogey. He followed a birdie on the par-3 fifth with another double bogey. He shot 41 on the back with three bogeys and a double bogey.
The U.S. Open will be played June 13-16 at Pinehurst No. 2 in North Carolina.
Woods also struggled in February in a pre-qualifier for the PGA Tour's Cognizant Classic, taking a 12 on a hole and shooting a 16-over 86 at Lost Lake Golf Club in Hobe Sound.
Woods has played the 36-hole PNC Championship with his father the last four years in a scramble format.
AP golf: https://apnews.com/hub/golf
FILE - Charlie Woods tees off during the final round of the PNC Championship golf tournament Sunday, Dec. 17, 2023, in Orlando, Fla. Charlie Woods, the 15-year-old son of Tiger Woods, failed to qualify for his first U.S. Open after shooting 9-over 81 on Thursday, April 25, 2024, at Legacy Golf & Tennis Club in Port St. Lucie, Florida.(AP Photo/Kevin Kolczynski, File)
