“Mortgage rates, which have been in a rut the past couple months, began moving higher this week.

According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average rose to its highest level in a month. It grew to 4.54 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It was 4.52 percent a week ago and 3.92 percent a year ago.”

Click Here for the rest of the story…

Related Articles