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US rate on 30-year mortgage rises to 3.63 percent

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Mortgage and Lending with LoanOfficerSchool.com NMLS 291249
MORTGAGE INTEREST RATE LOCK ADVISORY
March 15, 2013  6:30 AM PST 
Click for Updated Lock Advice
  
7 day Mortgage Interest Rate lock or Float Advice: LOCK
Mortgage Rates Based on 3% Mortgage Backed Securities are up 0.00 point. 
30 Day Mortgage Interest Rate Lock or Float Advice:  FLOAT 
    
MORTGAGE MARKET INDICATORS 
National Average Fixed Rate Mortgage 3.63% up 0.11%
MBS (3.5%) - 102.44, High: 103.44, Low: 102.38
DJI Stocks closed at $14,520.79, Down $-18.35, Change -0.126%
Asian & European Stock Market Indexes Down 0.088%
Nymex Crude Oil Currently $93.59 Change 0.6%
Gold 1 Once - $1,592.33 

 

US rate on 30-year mortgage rises to 3.63 percent By Curtis Curtsinger 
The average U.S. rate on the 30-year fixed mortgage rose this week to its highest level in seven months but remains near historic lows. Low mortgage rates have helped support the gradually recovering housing market. 
Freddie Mac said Thursday that the average rate for the 30-year fixed loan rose to 3.63 percent from 3.52 percent last week. 
It's the highest rate since August. But it's still near the 3.31 percent reached in November, which was the lowest on records dating to 1971.» Read More