1-Year Mortgage Rate Reaches Record Low Posted: 06 Jun 2014 06:30 AM PDT This week, mortgage applications decreased 3.1% compared to the previous week, however, 1-year mortgage rates reached a record-low level during this week that hasn't been seen in almost half a century. According to Freddie Mac, this week, mortgage rates are at some of their record-low levels this year, with 1-year interest rates reaching the lowest level we've seen in almost 5 decades. Here is a rundown of the changes experienced by mortgage rates in the last week: 30-year … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards  |
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