Mortgage rates continue to crawl back from post-Brexit lows, with the benchmark 30-year fixed mortgage rate moving up for a third week in a row to 3.63%, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.23 discount and origination points.
The larger jumbo 30-year fixed actually pulled back slightly, to 3.69%, and remains higher than the average conforming rate for the fifth week in a row and just the eighth time in the past year. The average 15-year fixed mortgage rate moved up to 2.89%. Adjustable mortgage rates were mixed, with the 5-year ARM holding at 3.08%, the 7-year ARM rising to 3.26%, and the 10-year ARM retreating to 3.42%.