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Mortgage Rates Expected To Change

Mortgage Rates Expected To Change

| Sep 13, 2013 | Housing Market

Freddie Mac stated that Mortgage rates remain unchanged from last week. Experts expect rates to take a vast and speedy turn next week as the Federal Reserve is scheduled to address the bond purchase program. 30-year loans averaged 4.57% this week while the 15-year loan also remained steady at 3.59%, both 0.01% away from a two-year high. Additionally, since May of this year, mortgage rates have increased more than a percentage point in the U.S. More here

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