DailyMarkets.com - US Mortgage Rates Rise While Mortgage Applications Decrease

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US Mortgage Rates Rise While Mortgage Applications Decrease Posted: 20 Dec 2013 04:02 AM PST This week mortgage applications decreased 5.5% compared to the previous week. At the same time, according to Freddie Mac, all mortgage rates have increased substantially compared to a week earlier. November has also been the third month in a row that previously owned home sales in the US have decreased, reaching the lowest sales level in 2013. This might be caused due to the increasing mortgage rates, both fixed-rate mortgages and adjustable-rate mortgages. The limited supply of … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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