Morning Minute: Mortgage rates head higher

Mortgage rates headed higher for the third straight week, according to Freddie Mac. The 30-year, fixed-rate mortgage climbed to 3.73 percent and the 15-year rate averaged 2.99 percent. In a release, Freddie Mac Chief Economist Sean Becketti said interest rates and treasury yields rose “partially in response to modestly higher inflation readings.” Read more.

In other headlines:

Infographic: Home Buyers Going Green – National Association of REALTORS®

The spring home-selling market has sprung in these 8 suburbs – Crain’s Chicago Business

Infographic: The Mortgage Process: What You Need To Know – KCM Blog

The 5 biggest mistakes that sellers make – Inman

 

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