Accounting

 Mortgage rates rise; 15-year fixed rate above 3 percent

June 6, 2013 

Mortgage rates rise; 15-year fixed rate above 3 percent

Fixed mortgage rates shot higher for the fifth consecutive week, Freddie Mac said, with the typical 15-year home loan topping 3% for the first time in a year and the 30-year rate rising to an average of 3.91% from 3.81% a week ago.