Mortgage rates increase for the third straight week to highest level in over four (4) years. The rates are highest now since the week of August 22nd, 2013. Then 30-year fixed-rate mortgage was 4.58%, and 15-year fixed-rate mortgage was 3.60%
US weekly average 30-year fixed -rate mortgage went up to 4.58% this week.
US weekly average 15-year fixed-rate mortage climbed up to 4.02%, from 3.94% last week.
30-year fixed-rate mortgage went up 11 points from the last week survey. This rate went up by 55 points since the April 27th, 2017, when it was 4.03%.
15-year fixed-rate mortgage went up 8 points in a week, and now is at 4.02%. It increased 75 points since the April 27th,2017 when it was 3.27%
It is going to be interesting to see, what mortgage rates are going to be next week.