2013-03-14bloomberg.com

U.S. mortgage rates for 30-year loans rose to a six-month high after stronger-than-expected employment growth drove up yields for the government securities that guide home loans.

The average rate for a 30-year fixed mortgage was 3.63 percent in the week ended today, up from 3.52 percent and the highest level since late August, McLean, Virginia-based Freddie Mac (FMCC) said in a statement. The average 15-year rate climbed to 2.79 percent from 2.76 percent.



Comments: Be the first to add a comment

add a comment | go to forum thread