Improving Economy Sends Mortgage Rates Higher

Freddie Mac  |   March 15, 2013

Stronger signs of job growth and consumer spending are pushing up mortgage rates, Freddie Mac reports in its weekly mortgage market survey. The 30-year fixed-rate mortgage -- the most popular choice among home buyers -- reached its highest reading since Aug. 23, 2012.

Freddie Mac reports the following national averages with mortgage rates for the week ending March 14: 

Source: Freddie Mac

Source: Freddie Mac