Tag Archives: downturn

Mortgage rates rise after two-week downturn

After two weeks of declines, the 30-year mortgage rate jumped to 3.85% as the conflict in Ukraine further exacerbated rate volatility in the US. The 30-year fixed-rate mortgage rose nine-basis points to 8.85% for the week ending March 10, according to Freddie Mac. The 15-year fixed-rate mortgage went up from 3.01% to 3.09%, and the […]