Mortgage Rates Up, With 30-Year Fixed Above 4 Percent

Moving along side higher yields on bonds, mortgage rates continued to climb upwards, with the 30-year fixed-rate mortgage above the 4 percent benchmark for the first time since October 27, 2011, according Freddie Mac’s Primary Mortgage Market Survey. “Bond yields rose over the past two weeks in part due to an improving assessment of the …

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Mortgage Rates Head Higher This Week

For the second week in a row, mortgage interest rates have edged up, according to data released Thursday by Freddie Mac. The GSE’s chief economist attributed the rise to positive news on the economic front that suggests the recovery is gaining some traction and consumers are more confident in the job market. According to Freddie …

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