Friday, February 21, 2014

DailyMarkets.com - All US Mortgage Rates Increase For First Time In 2014

DailyMarkets.com - All US Mortgage Rates Increase For First Time In 2014


All US Mortgage Rates Increase For First Time In 2014

Posted: 21 Feb 2014 04:00 AM PST

This week, mortgage applications decreased 4.1% compared to last week, possibly due to the fact that all mortgage rates have increased this week.

According to Freddie Mac, this is the first time since the start of 2014 that all mortgage rates have increased simultaneously, since usually at least one or two of the mortgage rates have remained the same, or decreased, as the other rates have gone up.

30-year fixed-rate mortgages increased this week reaching 4.33% compared to 4.28% last … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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