DailyMarkets.com - US Mortgage Rates Increase Along With Single-Family Home Prices

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US Mortgage Rates Increase Along With Single-Family Home Prices Posted: 15 Nov 2013 04:33 AM PST This week mortgage applications decreased 1.8% compared to the previous week while mortgage rates have increased once again, with fixed mortgage rates reaching some of their highest levels since September. This decrease of mortgage applications could be due to the increase in prices for single-family homes, which increased during the third quarter in approximately 88% of US metropolitan areas. These price increases have even reached as high as 41.8% in Sacramento, and over 30% in Las … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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