Mortgage Rates Move Lower Than Last Year

Sold Picture

Borrowing costs from mortgage rates were cheaper last week than a year ago, Freddie Mac reported in its weekly mortgage market survey.   It’s been a year since the Federal Reserve had announced a tapering of its monthly mortgage bond-buying program.  The 30-year fixed-rate mortgage had then jumped to a 4.46% average. Last week, rates averaged 4.14%.
Read article – Realtor Magazine


About dherries
Dave and Sally Herries and The RealtyColorado Team - Real Estate Broker serving the metro-Denver area. Offering properties in urban, sub-urban and rural areas. Our mission statement is "Enriching lives through real estate."

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: