30-Year Fixed Mortgage Rates Spike Eight Basis Points

Posted by Bonnie Martin Designated Broker on Tuesday, March 25th, 2014 at 3:10pm.

interest_alexandrgordeev_450zillow.com - Mortgage rates for 30-year fixed mortgages rose last week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.27 percent, up from 4.19 percent at this same time last week.

The 30-year fixed mortgage rate surged early last week, peaking at 4.33 percent on Thursday before dropping down near 4.28 percent, where rates hovered for the remainder of the week.

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Photo:  ©[Alexandr Gordeev]/123RF.COM

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