Friday, April 12, 2013

DailyMarkets.com - All US Mortage Rates Decrease This Week Reaching Record Lows

DailyMarkets.com - All US Mortage Rates Decrease This Week Reaching Record Lows


All US Mortage Rates Decrease This Week Reaching Record Lows

Posted: 12 Apr 2013 06:18 AM PDT

This week all US mortgage rates have decreased substantially, reaching record lows in several cases while mortgage applications have increased 4.5%. This is the first time since the last few weeks of February in which we've seen a simultaneous decrease of all U.S. mortgage rates.

According to Freddie Mac, 30-year fixed-rate mortgages have decreased from 3.54% last week to 3.43% this week, which is a decrease of more than 0.1%.

15-year mortgage rates have also gone down to 2.65% compared … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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