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May 23, 7:22 PM EDT Average US mortgage rates rise for 3rd week

Business Video Latest News Average US mortgage rates rise for 3rd week News Summary: US mortgage rates up, but still low US rate on 30-year mortgages rises to 3.59 pct. Buy AP Photo Reprints Average U.S. mortgage rates rose for the third straight week, hitting their highest levels since mid-March, but still remained close to record lows. Here's a look at rates for fixed and adjustable mortgages this week and over the past year: Current avg. Last week 52-week high 52-week low 30-year fixed 3.59 3.51 3.75 3.31 15-year fixed 2.77 2.69 2.98 2.56 5-year adjustable 2.63 2.62 2.84 2.56 1-year adjustable 2.55 2.55 2.79 2.52 All values in percentage points Source: Freddie Mac Primary Mortgage Market Survey © 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.