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Daily Digit: Mortgage Rates Hit 4.46 Percent

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Daily Digit: Mortgage Rates Hit 4.46 Percent
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The Daily Digit is 4.46 percent. Mortgage rates on a 30-year loan jumped to an average of 4.46 percent last week, according to a survey by the Mortgage Bankers Association. 4.46 is almost a full percentage point higher than the week before and is the highest home lending rate since August 2011. The response from prospective home buyers is being closely watched to determine if the housing market recovery can continue in the face of steeply higher rates.moreless
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