Mortgage rate increases to 4.72%, highest level in over seven years
Last week, the rate was at 4.65 percent. Last year at this time, it averaged only 3.83 percent. Continue reading
Last week, the rate was at 4.65 percent. Last year at this time, it averaged only 3.83 percent. Continue reading
The 30-year-fixed mortgage rate averaged 4.65 percent this week, the highest since May, according to Freddie Mac’s most recent Primary Mortgage Market Survey. Continue reading
A Congressional Budget Office report says over the next 10 years, it will cost Uncle Sam $19 billion to cover the cost of some $12 trillion in mortgage-backed securities Fannie and Freddie are expected to create. Continue reading