Friday, June 7, 2013

DailyMarkets.com - US Mortgage Rates Rise For The Fifth Week In A Row

DailyMarkets.com - US Mortgage Rates Rise For The Fifth Week In A Row


US Mortgage Rates Rise For The Fifth Week In A Row

Posted: 07 Jun 2013 07:48 AM PDT

This week mortgage applications have decreased once again by 11.5% compared to last week. Mortgage rates have again skyrocketed well above the minimum rates we saw during the first few months of 2013.

30-year fixed-rate mortgages have increased to 3.91% this week compared to 3.81% last week. This is almost a 0.5% increase compared to a month ago, when 30-year mortgage rates were at 3.42%.

15-year fixed-rate mortgages have also gone up to 3.03% this week compared to 2.98% the previous … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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