Mortgage Rates Today Move Higher on Talk of Fed Rate Hike

30 year mortgage rates today increased to 3.43 percent, up from yesterday's average 30 year rate of 3.39 percent. Mortgage rates have been on a slight uptick since the Fed wrapped up their meeting in September. The Fed didn't increase the fed funds rate but set the stage for one rate hike in 2016. The hike is most likely to happen in the Fed's scheduled December meeting.