Mort­gage rates up in past two weeks

Chattanooga Times Free Press - - BUSINESS -

Long-term mort­gage rates rose for a sec­ond straight week as the av­er­age 30-year fixed mort­gage rate in­creased to 3.91 per­cent, from 3.85 per­cent a week ago.

Mort­gage buyer Fred­die Mac says the 15-year home loan, fre­quently used by home­own­ers who re­fi­nanced their mort­gages, also jumped, ris­ing to 3.21 per­cent, from 3.15 per­cent.

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