Tag Archives: Mortgage rates inch up on positive economic data

Mortgage rates rose across the board this past week on positive jobs data and increasing bond yields, Freddie Mac said Thursday. The 30-year, fixed-rate mortgage hit 3.92% for the week ending March 15, up from 3.88% the previous week and down from 4.76% a year ago, the government-sponsored enterprise said. In addition, the 15-year, FRM hit 3.16%, up from 3.13% a week earlier, and down from 3.97% last year. The 1-year Treasury-indexed adjustable-rate mortgage also grew from 2.73% to 2.79% in the most recent survey, while the 5-year Treasury-indexed hybrid […]