Releases Mortgage Rates Update – Big Jump in Interest Rates

(PRWEB) March 25, 2012

This week mortgage interest rates had the largest increase on record for 2012. The mortgage rate report found that the strengthening economy and signs of increasing inflation have moved mortgage rates upward significantly since last week. The 30-year fixed rate mortgage rose 14 basis points while the 15-year fixed rate mortgage rose 10 basis points.

Current interest rates are:

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