DailyMarkets.com - Adjustable Mortgage Rates Decrease And New Home Sales Increase

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Adjustable Mortgage Rates Decrease And New Home Sales Increase Posted: 28 Feb 2014 04:00 AM PST This week mortgage applications decreased 8.5% compared to last week, while fixed-rate mortgages increased slightly. Adjustable-rate mortgages decreased this week however, reaching some of the lowest adjustable mortgage rates since the beginning of this year. According to Freddie Mac, the average of all fixed-rate mortgages increased this week although still below the highest rates we've seen this year, while adjustable-rate mortgages showed a slight decrease, creating a good … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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