"Rates for a 30-year home loan rose to 3.91 percent in the week ended today, from 3.81 percent, McLean, Virginia-based Freddie Mac said in a statement. That’s up from 3.35 percent at the start of May as the Federal Reserve signaled to bond investors it may scale back the stimulus that had driven borrowing costs to record lows, amid signs of continuing improvement in housing and the U.S. economy. The 15-year rate has increased to 3.03 percent from 2.56 percent at the start of last month. Bankrate Inc., an interest-rate aggregator, said today that the benchmark 30-year fixed mortgage rate has climbed to 4.1 percent, according to its weekly national survey."
Posted on: Sun, 09 Jun 2013 23:50:53 +0000
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