Posts Tagged ‘year fixed rate mortgage’

Mortgage rate rises above 4 percent for first time since October

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – The rate on a 30-year fixed mortgage climbed above 4 percent for the first time since October, Freddie Mac reported Thursday. In its weekly report, the mortgage giant noted the average rate on the 30-year fixed rate mortgage increased to 4.08 percent [...]

Mortgage rates nearing an all time low

Could potential homebuyers finally be getting a relief from this tough Real Estate Market? For the first time since May, mortgage rates sank below 5 percent, according to Freddie Mac.  At least for the borrowers who have come out of this recession with 20 percent down and a solid credit rating.  The average rate on [...]

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