Mortgage rates around the United States rose
30-year loan rates increase to 5.62%
Mortgage rates around the United States rose the week of July 3-9, but remain at a level that should continue to support the buoyant housing market.
In their weekly survey, mortgage giant Freddie Mac reported that for the week ending July 7, rates on 30-year, fixed-rate mortgages increased to 5.62 percent, up from last week’s 5.53 percent, which had marked the lowest rate since early April 2004