The era of record-low mortgage rates is over.

The average rate on a 30-year loan has jumped from about 5 percent to more than 5.3 percent in just the past week. As mortgages get more expensive, more would-be homeowners are priced out of the market — a threat to the fragile recovery in the housing market.

Recommended Stories

Mortgage rates fall to 4.44 percent

$100 million for firm without offices, 1 agent?

Seller financing an option for some homebuyers