Yes the Interest Rates Up For the Second Week
Rates are up for the second week. Freddie Mac's weekly survey shows that average 30 year fixed rate morgtgage fixed rate rose for he second week in a row. The new rate is 3.59 percent with .6 points.
The 15 year fixed rate moved up also rising to 2.84 percent and .6 points.
We do not see rates flying up quickly just creeping up slowing. Now is still a good time to purchase a home.