Friday, January 17, 2014

DailyMarkets.com - All US Mortgage Rates Decrease This Week

DailyMarkets.com - All US Mortgage Rates Decrease This Week


All US Mortgage Rates Decrease This Week

Posted: 16 Jan 2014 10:51 PM PST

This week mortgage applications increased 11.9% compared to a week earlier, while according to Freddie Mac all mortgage rates have decreased this week, with fixed-rate mortgages at their lowest level since the start of 2014 a few weeks ago.

During December 2013, new home purchase mortgage applications decreased 11% compared to November 2013, with 19.2% of all applications corresponding to FHA loans, 16.9% from VA loans, and 63% from usual loans.

30-year fixed-rate mortgages … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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