Fixed Mortgage Rates and Adjustable Mortgage Rates Higher 3-31: 30 Year Mortgage Rates at 4.86%

Fixed conforming mortgage rates and adjustable conforming mortgage rates are higher in the most recent mortgage rate survey released this morning. In this week's Primary Mortgage Market Survey released by Freddie Mac fixed conforming 30 year mortgage rates are averaging 4.86 percent with 0.7 discount points for the week ending March 31, 2011. 30 year rates are up from 4.81 percent with 0.7 points in the prior week’s survey.