Showing posts with label interest rates. Show all posts
Showing posts with label interest rates. Show all posts

Friday, June 7, 2013

Say goodbye to those low mortgage rates

This week, the average rate on a 30-year fixed-rate mortgage jumped another 10 percentage points to 3.91% and are up from 3.3% in early May, according to mortgage giant Freddie Mac. Meanwhile, those seeking a 15-year loan received an average rate of 3.03%, up from 2.56% -- a record low.

Interest rates on the rise