Mortgage Rates Increase on Stronger Economic Growth: 30 Year Rates at 4.48%

Mortgage rates are higher this week as the economy gains steam and the unemployment rate falls. Record low mortgage rates we saw earlier this year are a thing of the past. We probably won't see rates as low again in our lifetime. Mortgage rates today on 30 year conforming loans are averaging 4.48 percent, an increase from last week's average 30 year mortgage rate of 4.38 percent.