Average fixed-rate mortgages edged higher this week to the highest average in two years as speculation mounts that the Fed will soon taper its bond purchase program.
Meeting participants acknowledged mortgage rate increases might restrain housing market activity, but several members expressed confidence the housing recovery would be resilient in the face of higher rates,”Average fixed-rate mortgages edged higher this week to the highest average in two years. Watch our video on what the market and rates are doing.
No comments:
Post a Comment