Mortgage rates are higher this week. The 30 Year Fixed Rate Mortgage was 2.81% in today’s Freddie Mac survey and the 15 Year Fixed Rate Mortgage was at 2.21%. After moving down steadily for two years, mortgage rates are seeing a tick up as yields quickly rise on mortgage bonds and treasury securities. Although, rates remain incredibly low on a historical basis.
Freddie Mac’s Weekly Survey was released this morning with its most recent assessment of the mortgage rate landscape. See the details of their survey below.
(dynamic chart with current info)
