Mortgage Rates Rise The average interest rate...
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Mortgage Rates Rise The average interest rate for a 30-year fixed-rate mortgage rose to 11.22% for the week ended March 24 from 10.98% last week, the Federal Home Loan Mortgage Corp. said. The average adjustable-rate mortgage rose to 9.30% from 9.02% the previous week, Freddie Mac said. Lenders charged an average of 2.2% in fees and points on fixed-rate loans, up from 2.1% last week. They charged 2.4% in fees and points on adjustable-rate mortgages, down from 2.5% last week.
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