Signs of inflation and ongoing concerns about turmoil in Libya and the Middle East helped bump mortgage rates up this week, Freddie Mac said in releasing the results of its latest Primary Mortgage Market Survey.
Rates on 30-year fixed-rate mortgages averaged 4.81 percent with an average 0.7 point for the week ending March 24, up from 4.76 percent last week but down from 4.99 percent a year ago. The 30-year fixed-rate mortgage hit an all-time low, in Freddie Mac records dating to 1971, of 4.17 percent during the week ending Nov. 11.
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This post was last modified on March 25, 2011 6:33 am
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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