|Chennai||Rs. 24470.00 (1.37%)|
|Mumbai||Rs. 24900.00 (0.97%)|
|Delhi||Rs. 24200.00 (1.26%)|
|Kolkata||Rs. 24160.00 (0%)|
|Kerala||Rs. 24000.00 (0.63%)|
|Bangalore||Rs. 23800.00 (0%)|
|Hyderabad||Rs. 24140.00 (1.17%)|
: Average U.S. rates on fixed mortgages rose this week but remained close to record lows. Cheap mortgages have made home buying more affordable and have helped drive a housing recovery.
THE NUMBERS: Mortgage buyer Freddie Mac says the average rate on the 30-year loan increased to 3.40 percent, up from 3.34 percent last week and just above the record low of 3.31 percent. The average for the 15-year fixed mortgage rose to 2.66 percent from 2.64 percent last week. The record low is 2.63 percent.
RISING TREASURY YIELDS: Mortgage rates tend to track the yield on the 10-year Treasury note, which has risen this year from 1.70 percent to 1.89 percent.