Posts tagged National Mortgage Rates
Mortgage Rates Ascend to their Highest Level Since Spring 2011

As was expected, mortgage rates have increased again, putting them at the highest level seen since April 2011. Seattle Times reports on the change, which pushed the 30-year-fixed-rate up to 4.90 percent in a 19-basis-point jump (1 basis point = 0.01 percentage point), the “largest one-week spike in the 30-year rate since November 2016, when it increased 37 points.” Alternatively, fifteen-year rates reached 4.29 percent, up from 4.15 percent last week and 3.21 percent last year.

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