Rates Continue A Steady Climb 

Too soon to feel the impact of this week’s Fed hike, mortgage and refi rates were on the rise again, according to CNET. Here’s how the popular financing options looked by week’s end:

The average interest rate for a 30-year fixed mortgage is 5.94 percent, an increase of 36 basis points from last week. The average rate for a 15-year, fixed mortgage is 5.19 percent, up 46 basis points from one week ago. 

A 5/1 adjustable-rate mortgage has an average rate of 4.09 percent, an increase of 15 basis points compared to last week. 

On the refinance front, the average 30-year fixed refi is 5.94 percent, up 36 basis points compared to one week ago. The average 15-year fixed refinance rate is 5.17 percent, an increase of 43 basis points from last week

The average 10-year fixed refinance rate is 5.25 percent, up 59 basis points compared to one week ago.