Mortgage rates continue slow rise - 2004-04-01
For the second straight week, mortgage rates moved a little higher. Freddie Mac's weekly report puts the average 30-year, fixed-rate mortgage at 5.52 percent, higher from last week's 5.4 percent.
That's still below year ago levels, when 30 year mortgages were averaging 5.79 percent.
The average rate on a one year adjustable rate mortgage was 3.46 percent, up from 3.36 percent a week ago.
Read the full story at Baltimore Business Journal