Mortgage Rates Rise As 30-year Climbs To 3.69%: Freddie Mac
Mortgage rates moved higher after the strong jobs report, Freddie Mac said on Thursday. The average 30-year fixed-rate mortgage rose to 3.69% in the week ending Feb. 12 from 3.59%, and the 15-year fixed-rate mortgage moved up to 2.99% from 2.92%. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 2.97%, up from 2.82%, and the 1-year Treasury-indexed ARM averaged 2.42%, up from 2.39%.
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