Fixed mortgage rates rose again this week following “concerns the Federal Reserve may slow its bond purchases amid a strengthening economy,” Freddie Mac reported this week. The 30-year fixed rate averaged 3.91 percent this week while the 15-year averaged 3.03, marking the first time since May 2012 that the 15-year was over 3 percent. Read Freddie Mac’s news release.
More news headlines for today:
Home sales up again; interest rates moving up – Champaign News-Gazette
Wells Fargo settles allegations over foreclosed homes – Chicago Tribune