30-Year Mortgage Rates Highest in Two Months
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From Associated Press
Rates on 30-year mortgages rose to 6.28% this week, up from 6.24% last week and the highest level since the week of Dec. 15, when they stood at 6.3%, mortgage giant Freddie Mac said.
Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing a home mortgage, averaged 5.91%, up from 5.83% last week. One-year adjustable-rate mortgages increased to 5.36%, compared with 5.34% last week. Rates on five-year hybrid adjustable-rate mortgages rose to 5.95%, up from 5.89%.
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