Mortgage Rates Jump Again

December 31st, 2010
in News, Banking

PR Newswire:  Mortgage rates climbed higher this week, with the average conforming 30-year fixed mortgage rising to 5.02 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.44 discount and origination points.

Follow up:

The average 15-year fixed mortgage increased to 4.39 percent and the larger jumbo 30-year fixed rate rose to 5.64 percent. Adjustable rate mortgages also went up, with the average 5-year ARM rising to 4 percent and the average 7-year ARM reaching 4.43 percent.

To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/Read more.....









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