30-year mortgage rates up slightly to 6.13%
From the Associated Press
After sinking for a month, rates on 30-year mortgages crept up for the second week in a row.
Mortgage giant Freddie Mac reported that 30-year, fixed-rate mortgages averaged 6.13% this week. That was up slightly from 6.12% last week but was down from 6.26% a year earlier.
Rates on 15-year, fixed-rate mortgages rose to 5.89% this week, from 5.86% last week.
For five-year adjustable mortgages, rates edged up to 5.96% this week, compared with 5.92% last week.
The mortgage rates do not include add-on fees known as points. Thirty-year and 15-year mortgages each carried a nationwide average fee of 0.4 of a point. Five-year adjustables had an average fee of 0.5 of a point.
