Friday, March 7, 2014

DailyMarkets.com - Mortgage Rates Decrease And Mortgage Applications Rise

DailyMarkets.com - Mortgage Rates Decrease And Mortgage Applications Rise


Mortgage Rates Decrease And Mortgage Applications Rise

Posted: 07 Mar 2014 04:00 AM PST

This week mortgage applications increased 9.4% compared to last week. Mortgage rates, on the other hand, decreased substantially according to Freddie Mac, reaching some of the lowest rates we've seen this year.

30-year fixed-rate mortgages decreased this week to 4.28% compared to 4.37% last week, after 3 weeks of an upward trend in mortgage rates.

15-year fixed-rate mortgages also decreased this week from 3.39% last week to 3.32% this week, which is the lowest 15-year mortgage … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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