Friday, March 21, 2014

DailyMarkets.com - Mortgage Rates Decrease Along With Existing Home Purchases

DailyMarkets.com - Mortgage Rates Decrease Along With Existing Home Purchases


Mortgage Rates Decrease Along With Existing Home Purchases

Posted: 21 Mar 2014 06:00 AM PDT

This week mortgage applications decreased 1.3% compared to last week, and the purchase of existing homes in the US in February 2014 decreased to the lowest level since July 2012. On the other hand, according to Freddie Mac most mortgage rates have gone down this week, which is good news for those of you who want to purchase or refinance your home.

30-year fixed-rate mortgages decreased this week to 4.32% compared to 4.37%.

15-year fixed-rate mortgages also decreased from 3.38% last … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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