Tuesday, August 21, 2012

Time to Buy Now? Mortgage Rates are Rising.


Fixed mortgage rates rose for the third straight week after setting all-time lows, with the typical 30-year rate increasing from 3.59% to 3.62%, home finance giant Freddie Mac reported.
Freddie Mac's weekly survey, released Thursday morning, pegged this week's average for the 15-year fixed loan at 2.88%, up from 2.84% a week earlier. The start rates on variable-interest loans were mixed.  Read More...

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