This week, fixed mortgage rates grew off their record lows.
The average on the 30-year home loan jumped to 3.95 percent from 3.91 percent, according to Freddie Mac.
Dating to the 1950s, last week’s rate was the lowest average on records.
The average on the 15-year fixed mortgage increased to 3.24 percent.
That’s an increase from 3.21 percent, which is also a record low.
In 2011, rates have been under 5 percent for all but two weeks.
Source: businessweek.com