Mortgages Blog

Finance Blogs » Mortgages » Rates rise to a 5-month high

Rates rise to a 5-month high

By Holden Lewis · Bankrate.com
Thursday, April 8, 2010
Posted: 2 pm ET

Mortgage rates have gone up about a quarter of a percentage point in the last two weeks, according to the weekly Bankrate.com mortgage index. The average rate on the 30-year fixed was 5.35 percent in this week's survey. Two weeks ago, it was 5.11 percent.

What does the Fed's withdrawal from the mortgage market have to do with this rise in rates? Probably not a lot. Read the above-linked article to find out more.

«
»
Bankrate wants to hear from you and encourages comments. We ask that you stay on topic, respect other people's opinions, and avoid profanity, offensive statements, and illegal content. Please keep in mind that we reserve the right to (but are not obligated to) edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused.

By submitting a post, you agree to be bound by Bankrate's terms of use. Please refer to Bankrate's privacy policy for more information regarding Bankrate's privacy practices.