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U.S. mortgage rates rose this week but remained near historic lows. Cheaper mortgages have encouraged more home buying and refinancing. Mortgage buyer Freddie Mac said Thursday that the average rate for the 30-year fixed mortgage edged up to 3.42
Steady job gains and near-record low mortgage rates have helped drive home sales up over the past year. Signed contracts are 7 percent higher than the same month a year earlier...The number of homes for sale has fallen nearly 17 percent in the past
The week ahead There is little that is riveting about a cost-benefit analysis. Still, we perform them all the time without applying such an formal academic-sounding name to it. If I have a cup of coffee after 4 p.m., will I be able to go to sleep at
Average US rates on fixed mortgages crept closer to their historic lows this week, a trend that could help the housing recovery strengthen. Mortgage buyer Freddie Mac says the average rate for the 30-year fixed loan edged down to 3.54 percent from 3.
The 30-year fixed-rate average dipped to 3.54 percent with an average 0.8 point. It was down from 3.57 percent a week ago and 3.98 percent a year ago. For more than a year now, the 30-year fixed rate has remained below 4 percent. Except for a brief
The 30-year fixed-rate average fell to 3.54 percent with an average 0.8 point, a week after soaring to its highest point in nearly seven months. It was down from 3.63 percent a week ago and from 4.08 percent a year ago. Since climbing above 3.5
The 30-year fixed-rate average soared to its highest point in nearly seven months, rising to 3.63 percent with an average 0.8 point. It was up from 3.52 percent a week ago, but down from 3.92 percent a year ago. Since climbing above 3.5 percent in
Average U.S. rates on fixed mortgages moved closer to historic lows this week. Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year fixed mortgage declined to 3.51 percent from 3.56 percent last week. That's near the 3.31
The average U.S. rate on the 30-year fixed mortgage was unchanged for a second week, remaining near historic lows. The average rate on the 15-year mortgage also stayed the same. Low mortgage rates are helping to strengthen the housing recovery.
U.S. mortgage activity rose 3.4 percent in the week that ended Friday, with long-term interest rates rising, the Mortgage Bankers Association said Wednesday. The association said its refinancing activity index also rose, climbing 4 percent compared