Tag: interest rate

Mortgage rates ease after run-up

Mortgage rates ease after run-up

According to an article today (7/3/2013) in the Los Angeles Times: Fixed mortgage rates fell early this week following last week’s dramatic surge, with lenders offering 30-year home loans to solid borrowers at an average of 4.29%, according to Freddie Mac. The average rate had spiked to 4.46% a week earlier on fears that the […]

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30-year fixed mortgage steady at average 3.53%

30-year fixed mortgage steady at average 3.53%

Average fixed mortgage rates unchanged from the previous week and remaining near their record lows as they continue to support housing demand, translating into an up-tick in home prices in most markets. News Facts Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the […]

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