Newsfeed: U.S Mortgage Rates Surge After a Steady 3-Weeks

Newsfeed: U.S Mortgage Rates Surge After a Steady 3-Weeks

Mortgage rates were on the move in the 2nd week of February, after barely shifting for 3 consecutive weeks. In the week ending 10th February, 30-year fixed rates jumped by 14 basis points to 3.69%. 30-year fixed rates had remained unchanged at 3.55% in the week prior. As a result, 30-year fixed rates held above the 3% mark for a 13th consecutive week.

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