According to Freddie Mac’s most recent Primary Mortgage Market survey, mortgage rates increased for the second week in a row. The survey reports that the 30-year fixed-rate mortgage jumped over 4%, coming in at 4.02% averaged nationally while the 15-year fixed-rate mortgage also increased 0.8%, and averaged 3.21% nationally. Additionally, the national averages for the 5-year Treasury-indexed hybrid adjustable-rate mortgage increased to 2.97% and the 1-year Treasury-indexed ARM averaged 2.45%. More here
