Freddie Mac reported a fourth consecutive week of increases in fixed-rate mortgages. The average rate on 30-year fixed-rate loans has increased to 4.61%, up from 4.46% the previous week. Lenders were offering 15-year-fixed rate mortgages at an average of 3.96%, up from 3.81% the week prior. Here is an article from the Los Angeles Times.
http://r.smartbrief.com/resp/AaxcvscgyzeUuwnwajaoyAalQqlZ?format=standard
