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Mortgage Rates On The Rise

Mortgage Rates On The Rise

| Jan 03, 2014 | Housing Market

According to Freddie Mac’s Mortgage survey, the average Fixed-rate Mortgage is continuing to see a slight increase. Pending home sales jumped 0.2% last month, and consumer confidence also experienced additional growth as 2013 came to a close. 30-year fixed-rate mortgages averaged approximately 4.53%, up from 4.48% last week, and the average 15-year-fixed rate Mortgage increased from 3.52% to 3.55%. More here

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