Friday, May 2, 2014

DailyMarkets.com - US Mortgage Rates Near Record Lows

DailyMarkets.com - US Mortgage Rates Near Record Lows


US Mortgage Rates Near Record Lows

Posted: 02 May 2014 06:00 AM PDT

This week mortgage applications decreased 5.9% compared to the previous week, despite the decreasing mortgage rates for fixed-rate mortgages that we experienced this week.

According to Freddie Mac, this week mortgage rates have fluctuated somewhat, with the average of all fixed-rate mortgages decreasing, while adjustable-rate mortgages showed a slight increase. However, all of these rates are near their record low levels.

30-year fixed-rate mortgages decreased from 4.33% last week to … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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