Rates on 30-year mortgages jumped to 5.21%, highest since August 13, Freddie Mac reports. The...

|By:, SA News Editor

Rates on 30-year mortgages jumped to 5.21%, highest since August 13, Freddie Mac reports. The end of the Fed's MBS purchase program and a strengthening economy is increasing borrowing costs - which, along with an expiring tax credit, could weigh on home purchases.