This week, fixed mortgage rates jumped from their record lows.
According to Freddie Mac, the average on the 30-year home loan gained 3.95 percent from 3.91 percent.
Dating to the 1950s, last week’s rate was the lowest average on records.
The average on the 15-year fixed mortgage increased to 3.24 percent.
That’s an increase from 3.21 percent, which is also a record low.
Rates have been under 5 percent for all but two weeks in 2011.
Source: builderonline.com