The 30-year fixed mortgage rate remains under 5 percent, although it continues to rise. The average interest on 30-year loans is up for the fourth straight week, increasing from 4.87 percent the prior week to 4.91 percent this past week, according to Freddie Mac. The 15-year fixed mortgage also drifted higher this past week, increasing from 4.10 percent to 4.13 percent.
[SOURCES: Freddie Mac; Information, Inc.]