Slight Uptick Reported on 30 Year Mortgage Rates

Slight Uptick Reported on 30 Year Mortgage Rates

ST LOUIS, MO (STL.NEWS)  This morning, Freddie Mac reported weekly 30 year mortgage rates ticked slightly up for the most recent week.  Reporting 30 mortgage rate of 4.41 percent, this slight move up is still under levels from last year at this time.

As seen in the graphic below provided by wichitaksrealty news, although rates ticked up slighlty, interest rates are still not showing signs of advancing at an accelerated clip.  Also, the 15 year mortgage reported slightly up from the previous week, as did the 5/1 adjustable ARM.

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