DailyMarkets.com - Home Purchases Rise As Mortgage Rates Decrease

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Home Purchases Rise As Mortgage Rates Decrease Posted: 04 Jul 2014 06:00 AM PDT This week mortgage applications decreased 0.2% compared to last week, while mortgage rates have decreased compared to a week earlier, with some mortgages remaining at the same rate they were last week. 30-year fixed-rate mortgages decreased from 4.14% last week to 4.12% this week, according to Freddie Mac. 15-year fixed-rate mortgages remained unchanged at 3.22% this week, which is the same rate we saw last week. 5-year adjustable-rate mortgages also remained unchanged this week … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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