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Slight Mortgage Rate Increase

March 16, 2012 |  Article By :   | 

There has been a slight mortgage rate increase across the board this past week according to Freddie Mac.  The slight rate increase has been due to the positive news about the job market.  The 30 year fixed rate mortgage rate was up .04% from last week to 3.92% but that is still much lower than a year ago when it was at 4.76%.  The fixed rate 15 year mortgage was at 3.16%, up from 3.13% last week but still down from the rate a year ago of 3.97%.



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