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dow2664 Mortgage Rates and Economic News USA: Although mortgage rates are still at relative lows, they did recently inch just higher. The better-than-expected jobs data that recently posted in the U.S. helped to lift mortgage rates. More Americans are getting back to work and less Americans are applying for unemployment benefits. The national unemployment rate is now down to 8.3 percent and more Americans are in better financial position. Rates edged just higher on this news. Primary on-line mortgage rates analysis reveals that the interest rates for the 30 year fixed rate mortgage and the 15 year fixed rate mortgage are still below 4 percent. Today’s average rates for the 30 Yr fixed is posting at 3.89 percent and the average rate posting for the 15 Yr fixed is posting at 3.26 percent. Rates fluctuations in the rates at this point are due, in part, to the same pressure that has been affecting the broader marketplace. The ongoing debt resolution process in the eurozone continues to push market and mortgage interest rate trends. The turmoil in Greece continues today as Greek Parliament voted to approve austerity reforms. Trends will continue to fluctuate while the process of austerity measure agreement proceeds in Greece. Stephen Johnson
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