Mortgage Rates Rise for Ninth Straight Week

Mortgage rates are rising still, with the average, 30-year, fixed rate up for the ninth straight week, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). The 30-year, fixed landed at 4.46 percent this week, up from 4.43 percent the week prior.
“The 10-year Treasury yield has been bouncing around in a narrow 15 basis point range for the last month,” says Len Kiefer, deputy chief economist at Freddie Mac. “While the yield on the 10-year Treasury is