Mortgage Rates on the Rise, Pausing at 3.76%
By Lauren Braun
The 30-year fixed rate rose early in the week, reaching 3.85 percent on Tuesday, before settling around 3.76 percent for the rest of the week.
"Rates increased last week as fears of a Greek exit from the eurozone eased," said Erin Lantz, vice president of mortgages at Zillow. "This week, markets will focus on Fed Chair Janet Yellen's Congressional testimony and whether Greece's new fiscal pact proves durable. Rates could be volatile, but net out flat for the week."