Tag Archives: Department of Labor

Mortgage Rates See First Increase Since March

For the first time since March, mortgage rates have gone up last week, mostly as a result of the jobless rate and the stock market’s milestone. The average rate for a 30-year fixed-rate mortgage increased from 3.52% two weeks ago to 3.6% last week, according to Bankrate.com. The mortgages in last week’s survey had an […]

Mortgage Rates Increase Following Jobs Report

Freddie Mac recently released the results of its Primary Mortgage Market Survey for the week ending October 12. The report showed fixed- and adjustable-rate mortgages were up following the recent unemployment report that came out for September. For the week, the 30-year fixed-rate mortgage was up to 3.39%, compared to 3.36% the previous week. However, […]