Friday, March 14, 2014

DailyMarkets.com - 1-Year Mortgage Rates Decrease While All Other Mortgage Rates Rise

DailyMarkets.com - 1-Year Mortgage Rates Decrease While All Other Mortgage Rates Rise


1-Year Mortgage Rates Decrease While All Other Mortgage Rates Rise

Posted: 14 Mar 2014 06:00 AM PDT

This week mortgages applications decreased 2.1% compared to the previous week, while mortgages rates increased for 30-year, 15-year and 5-year mortgages. According to Freddie Mac 1-year adjustable-rate mortgages are the only ones that decreased this week.

30-year fixed-rate mortgages increased substantially this week reaching 4.37% compared to 4.28% last week.

15-year fixed-rate mortgages also showed a slight increase reaching 3.38% this week compared to 3.32% the previous week. … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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