Friday, January 31, 2014

DailyMarkets.com - Mortgage Rates Continue Their Downward Trend

DailyMarkets.com - Mortgage Rates Continue Their Downward Trend


Mortgage Rates Continue Their Downward Trend

Posted: 31 Jan 2014 08:29 AM PST

This week mortgage applications have remained steady, only decreasing 0.2% compared to a week earlier. During this same week all mortgage rates have decreased, with fixed-rate mortgages reaching close to a two-month low.

According to Freddie Mac 30-year fixed-rate mortgages decreased from 4.39% last week to 4.32% this week.

15-year fixed-rate mortgages also decreased reaching 3.4% this week compared to 3.44% last week.

5-year adjustable-rate mortgages also decreased slightly … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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