Long-Term Mortgage Interest Rates Edge Higher

> Long-Term Mortgage Interest Rates Edge Higher

Mortgage rates are still incredibly low by historical standards. They've
been fluctuating around record lows not seen in more than a half-century for
a good many months now. This week was one where that movement was upward,
according to industry data released Thursday. A nationwide survey conducted
by Freddie Mac found that 30-year fixed-rate mortgages rose to 4.23 percent,
while 15-year rates edged up to 3.66 percent. Bankrate reports that the
larger jumbo 30-year fixed rate reversed last week's decline, returning to
5.10 percent.


Sunil Sethi / Broker, President, REALTOR, MBA / SUNIL SETHI REAL ESTATE
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536

<http://www.sunilsethi.com/> www.sunilsethi.com

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