Friday, June 27, 2014

Mortgage Rates Slide

Mortgage Rates Slide
Mortgage interest rates were on the rise at this time last year on speculation that the Federal Reserve might soon start tapering its bond purchases. Contrary to what happened then, rates have remained relatively calm. Nearly a year after shooting up past 4 percent, the 30-year average fixed mortgage rate is now coming back down toward the same mark, Adjustable rates also slipped this week. As mortgage rate now coming back down, More Americans Squeezed by Housing Costs, read more.

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