Saturday, June 8, 2013

Farewell 3% mortgage rates

This week, the average rate on a 30-year fixed-rate mortgage jumped another 10 percentage points to 3.91% and are up from 3.3% in early May, according to mortgage giant Freddie Mac. Meanwhile, those seeking a 15-year loan received an average rate of 3.03%, up from 2.56% -- a record low.  Read More>>>> Farewell 3% mortgage rates: Say goodbye to ultra-low mortgage rates.

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