DailyMarkets.com - US Fixed Mortgage Rates Increase Along With Homeownership Rate |
| US Fixed Mortgage Rates Increase Along With Homeownership Rate Posted: 08 Nov 2013 04:13 AM PST This week US mortgage applications decreased 7% compared to the previous week while fixed mortgage rates have increased. Adjustable-rate mortgages had the opposite effect however, with 5-year rates remaining at the same level as last week and 1-year mortgage rates decreasing to their lowest level since June. According to the latest Census Bureau report, during the third quarter this year, the homeownership rate in the US increased from its lowest level since the third quarter of 1995, … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards |
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