June 5, 2014 Mortgage Rates.
Mortgage rates inched up this week as investors try to make sense of mixed economic news in the United States while waiting for the European Central Bank’s next move.
The benchmark 30-year fixed-rate mortgage rose to 4.32 percent from 4.25 percent the previous week, according to the Bankrate.com national survey of large lenders. One year ago, that rate stood at 4.1 percent. Four weeks ago, it was 4.37 percent. The mortgages in this week’s survey had an average total of 0.34 discount and origination points.
The benchmark 15-year fixed-rate mortgage rose to 3.41 percent from 3.35 percent last week.
The benchmark 5/1 adjustable-rate mortgage rose to 3.31 percent from 3.24 percent. The benchmark 30-year fixed-rate jumbo rose to 4.35 percent from 4.29 percent.