DailyMarkets.com - US Mortgage Rates On The Rise |
| Posted: 24 May 2013 07:53 AM PDT This week mortgage applications decreased 9.8%, for the second week in a row, while mortgage rates have continued increasing for the third consecutive week. According to Freddie Mac, although most mortgage rates have increased this week, 1-year adjustable-rate mortgages are still at the second lowest rate we have seen in almost half a decade. 30-year fixed-rate mortgages have gone up from 3.51% last week to 3.59% this week, reaching the second highest rate we have seen this year. … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards |
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