In the USA, the mortgage rates are increasing the sixth week in a row and have achieved a two-year maximum. According to the last data, published by Freddie Mac, this week the average fixed 30-year mortgage rate rose by 0.5 percent to 4.13 percent – AmericaRU reports.
Last week, it was 4.08 percent, and the last year – 3.95 percent. The fixed 30-year mortgage rate did not rise so sharply since October 2014. During six weeks, it rose by 66 basis points (the basis point is 0.01 percent).
The average fixed 15-year mortgage rate rose to 3.36 percent. It was 3.34 percent one week ago and 3.19 percent a year ago. The average fixed five-year mortgage rate is 3.17 percent. It was at 3.15 percent a week ago and 3.03 percent a year ago.
