Friday, February 14, 2014

DailyMarkets.com - 15-Year And 5-Year Mortgage Rates Reach Lowest Level In 2014

DailyMarkets.com - 15-Year And 5-Year Mortgage Rates Reach Lowest Level In 2014


15-Year And 5-Year Mortgage Rates Reach Lowest Level In 2014

Posted: 14 Feb 2014 04:00 AM PST

This week mortgage applications decreased 2% compared to last week, while mortgage rates have fluctuated this week varying by the type of mortgage rates.

According to Freddie Mac, 15-year fixed mortgages rates and 5-year adjustable mortgage rates are now at their lowest rate since the start of this year. This is very good news for those of you who want to get a low mortgage.

30-year fixed-rate mortgages increased this week reaching 4.28% compared to 4.23% last week.

15-year … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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