Friday, April 4, 2014

DailyMarkets.com - Increasing Mortgage Rates And Bad Weather Delay Spring Home Sales

DailyMarkets.com - Increasing Mortgage Rates And Bad Weather Delay Spring Home Sales


Increasing Mortgage Rates And Bad Weather Delay Spring Home Sales

Posted: 04 Apr 2014 06:00 AM PDT

This week mortgage applications decreased 1.2% compared to the previous week, while all mortgage rates have increased in unison compared to a week earlier. According to Freddie Mac, during these first few months of 2014, we've only seen a simultaneous increase of all mortgage rates twice, now and on February 20th.

30-year fixed-rate mortgages increased this week to 4.41% compared to 4.4% last week.

15-year fixed-rate mortgages also increased, from 3.42% last week to 3.47% this … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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