Friday, April 18, 2014

DailyMarkets.com - Mortgage Applications Increase As Mortgage Rates Decrease

DailyMarkets.com - Mortgage Applications Increase As Mortgage Rates Decrease


Mortgage Applications Increase As Mortgage Rates Decrease

Posted: 18 Apr 2014 06:00 AM PDT

This week mortgage applications increased 4.3% compared to last week, while according to Freddie Mac mortgage rates have continued to decrease this week.

Here’s a summary of the average mortgage rates this week:

30-year fixed-rate mortgages decreased this week, reaching 4.27% this week compared to 4.34% last week. The average 30-year rate we’ve seen between July 2013 and December 2013 was 4.37%.

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

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