Following some positive domestic economic reports on Tuesday, mortgage rates rose to their highest levels since early July, continuing a falling trend that started just recently. However, the good news is that most of the top lenders’ rate sheets didn’t move up significantly, so those, who are currently in the market to lock in a mortgage loan, will still find some exellent loan packages.

This morning mortgage rates are higher, and the price of mortgage-backed securities (MBS) remained volatile due to mixed economic reports. Nonetheless, today’s economic data may change the upward trend, as some important reports saw the light of day.

Consumer prices in the United States remained unchanged in July, following a flat data in June, the Labor Department reported on Wednesday. Core consumer prices, which don’t contain volatile food and energy costs, edged up 0.1%, according to the latest data.

Another report which got released today is the Empire State Manufacturing Index, which sank to minus 5.85 in August, down from last month’s 7.39 reading. This marks the first time since October 2011, that the index is below zero and signals contraction in the New York state manufacturing sector. Analysts’ expectation was for a reading of 6.5.

As far as current mortgage rates are concerned, Bank of America (NYSE:BAC) advertises the standard 30-year fixed loan at a rate of 3.875% which is accompanied by an annual percentage rate of 4.036%. The 15-year fixed refinance loan now demands 3.000% in interest and features an APR figure of 3.262%.

Bank of America’s adjustable rate mortgage remained stable this Wednesday, with the starting rate on the 7/1 ARM hovering around 2.750% plus an APR of 3.250%. Borrowers, who would rather consider the 5/1 ARM loan, will need to pay 2.500% in interest and 3.205% by way of APR.

Browsing through other favorable mortgage loan options, we can find PNC Bank’s (NYSE:PNC) 30-year fixed rate mortgage which carries an opening rate between 4.125% and 4.625%, while the accompanying APR is 4.122% – 4.497% as of Wednesday. The 15-year fixed alternative today looks a bit higher compared to other major lenders’ offerings, as PNC quotes it at 3.375% – 4.000% and the APR ranges between 3.366% and 3.776%.

Rounding out the report with today’s mortgage rates at Branch Banking and Trust (NYSE:BBT), both the 30-year and 15-year fixed rate refinance loans are carrying higher rates now, compared to those seen yesterday. The asking rate for the 30-year FRM is now 3.875% and bears an annual percentage rate of 3.993%. The 15-year fixed alternative follows the same trends, as it can be secured at a rate of 3.500% and features an APR figure of 3.617%.

On the other hand, BB&T Bank’s FHA-insured 30-year fixed mortgage remained steady at 3.625% plus an APR variable of 3.877%, which looks like a competitive deal among these type of loans.