Average 30-Year Mortgage Rate at 4.17 Percent

Share on FacebookTweet about this on TwitterPin on PinterestShare on LinkedInGoogle+Email to someone

money

Average U.S. rates on fixed mortgages eased slightly this week, remaining near historic lows.

Mortgage buyer Freddie Mac said Thursday the average rate for a 30-year loan declined to 4.17 percent from 4.20 percent last week. The average for the 15-year mortgage dipped to 3.30 percent from 3.31 percent.

Rising prices and higher interest rates beginning in mid-2013 have made homes less affordable for would-be buyers. At the same time, a limited supply of homes is available to buy. Sales of new homes are running about half the rate of a healthy housing market.

To read more, click here.

Read more here: http://www.bellinghamherald.com/2014/06/19/3707197/average-us-30-year-mortgage-rate.html#storylink=cpy

Current Issue


June 2014


Table of Contents
Industry Calendar
Subscribe Now

If you have a story you'd like to share, contact us today.


MORE ISSUES

eNewsletter

Sign up to receive our weekly eNewsletter.
SUBSCRIBE

Advertisement

Wingate

Events