Average 30 Year Mortgage Rises

Average 30 Year Mortgage Rises

Rising Interest RatesOver 55 Community

The Washington Post reported that the average long-term U.S. mortgage rate rose this past week to their highest level so far in 2015 as new data showed strength in the housing market. The average rate on a 30-year fixed-rate mortgage rose to 3.87%. The rate on 15-year fixed-rate mortgages advanced to 3.11% . The time to buy is now! Do not wait for rates to go higher, schedule your appointment at The Villages At Two Rivers today!