DailyMarkets.com - US Mortgage Rates Rise Again This Week
DailyMarkets.com - US Mortgage Rates Rise Again This Week |
| US Mortgage Rates Rise Again This Week Posted: 27 Dec 2013 06:14 AM PST This week mortgage applications decreased 6.3% compared to the previous week, while mortgage rates have increased across the board, except 1-year adjustable-rate mortgages, which decreased slightly this week. The purchase of new US homes in November reached a 5-year high and was well above the estimated amount. This is a very positive sign of the housing recovery despite the increase in mortgage rates we have seen recently. According to Freddie Mac, 30-year fixed-rate mortgages … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards |
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