Friday, June 20, 2014

DailyMarkets.com - Mortgage Rates Decrease As Home Prices Rise

DailyMarkets.com - Mortgage Rates Decrease As Home Prices Rise


Mortgage Rates Decrease As Home Prices Rise

Posted: 20 Jun 2014 06:50 AM PDT

This week mortgage applications decreased 9.2% compared to last week, while according to Freddie Mac, this week almost all mortgage rates decreased faintly, except for 1-year rates, which increased slightly.

30-year fixed-rate mortgages decreased to 4.17% this week compared to 4.2% last week. This is still one of the lowest 30-year rates we've seen in 2014.

15-year fixed-rate mortgages also decreased slightly to 3.3% this week compared to 3.31% the previous week.

5-year … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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