Saturday, August 17, 2013

DailyMarkets.com - US Mortgage Rates Increase Once Again

DailyMarkets.com - US Mortgage Rates Increase Once Again


US Mortgage Rates Increase Once Again

Posted: 16 Aug 2013 06:54 PM PDT

This week, mortgage applications decreased 4.7% compared to last week, a decrease which I believe derives from the increasing mortgage rates that have continued to climb this past month.

All mortgage rates are at one of their top three highest levels this year. However, mortgages are only increasing slightly each week, without drastic hikes.

According to Freddie Mac 30-year fixed-rate mortgages remained unchanged at 4.4%, which is the third highest rate we have seen this year. This is … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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