March 10 Daily Financial Blog

Mortgage rates edged higher in the latest week after the Labor Department reported a strong payrolls report for February. The news pushed Bond prices lower, while mortgage rates rose. Mortgage rates are still hovering just above all-time lows. The 30-year fixed conventional mortgage rate rose to 3.68% this week with 0.5 in points and fees. Last year this time, the rate was 3.86%