Average US mortgage rates rise for 3rd week

Posted at: 05/23/2013 5:36 PM
By The Associated Press

Average U.S. mortgage rates rose for the third straight week, hitting their highest levels since mid-March, but still remained close to record lows.

Here’s a look at rates for fixed and adjustable mortgages this week and over the past year:

Current avg. Last week 52-week high 52-week low

30-year fixed 3.59 3.51 3.75 3.31

15-year fixed 2.77 2.69 2.98 2.56

5-year adjustable 2.63 2.62 2.84 2.56

1-year adjustable 2.55 2.55 2.79 2.52

All values in percentage points

Source: Freddie Mac Primary Mortgage Market Survey

(Copyright 2013 by The Associated Press. All Rights Reserved.)

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