Archive For April 28, 2017

Mortgage Rates Increase for the First Time in 5 Weeks

Mortgage Rates Increase for the First Time in 5 Weeks

The average mortgage rate inched higher this past week, reversing a 5-week trend of cheaper home loans.  Government-backed mortgage giant Freddie Mac reported that the average 30-year fixed home loan currently stands at 4.03%, up 6 basis points from last week’s average of 3.97%.  The average 15-year mortgage rate climbed 4 basis points to 3.27%….

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