DailyMarkets.com - Mortgage Rates Decrease As Home Purchases Made Entirely With Cash Increase

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Mortgage Rates Decrease As Home Purchases Made Entirely With Cash Increase Posted: 09 May 2014 05:00 AM PDT This week mortgage applications increased 5.3% compared to last week, while all mortgage rates have decreased to some of the lowest levels since the beginning of 2014. According to Freddie Mac, this week all mortgage rates have decreased to the lowest rates we've seen this year. Here is a brief summary of the evolution of mortgage rates since last week: 30-year fixed-rate mortgages decreased to 4.21% this week compared to 4.29% last week. This is the second week in a row that this … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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