Sunday, December 1, 2013

DailyMarkets.com - Adjustable Mortgage Rates Fall While Fixed Mortgage Rates Increase

DailyMarkets.com - Adjustable Mortgage Rates Fall While Fixed Mortgage Rates Increase


Adjustable Mortgage Rates Fall While Fixed Mortgage Rates Increase

Posted: 01 Dec 2013 03:21 AM PST

This week mortgage rates have moved in different directions, with some rates increasing and others decreasing. According to Freddie Mac, adjustable mortgage rates decreased slightly this week while fixed mortgage rates increased above the level we saw last week.

Higher mortgage rates as well as increased prices for homes that we have seen during the past few months have definitely discouraged some people from applying for a mortgage and purchasing a home. However, during October 2013, … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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