Wednesday, July 17, 2013

Mortgage Rates on the Rise

After all time lows, it seems mortgage rates are once again rising, reaching a two year high this week. Check out the story by Les Christie at CNN Money.
Rates climbed 0.22 percentage points to 4.51% for a 30-year, fixed-rate loan this week, the highest it has been since July 2011. Meanwhile, the average rate for a 15-year loan hit 3.53%, up 0.14 percentage points.

Full Story Mortgage rates reach highest level in 2 years
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