Bankrate: Mortgage Rates Soar on Inflation Concerns

Mortgage rates keep on climbing, with fixed rate mortgages hitting the highest point since July. The average 30-year fixed rate mortgage jumped from 6 percent to 6.15 percent, according to Bankrate.com's weekly national survey of large lenders. The 30-year fixed rate mortgages in this week's survey had an average of 0.37 discount and origination points.

Read More...