Mortgage Rates: 30 Year Mortgage Rates Increase to 5.08%, 15 Year Mortgage Rates at 4.39%

Mortgage rates are higher in the latest mortgage survey released this week by Freddie Mac. The average fixed 30 year mortgage rate is once again above 5.00 percent at 5.08 for the week ending April 1, 2010, up from the prior week’s average mortgage interest rate of 4.99 percent. Mortgage points averaged 0.7 points.