6.46%: Mortgage Rates Rise Again
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Long-term mortgage rates rose for the fourth week in a row on Thursday.
Freddie Mac reported 6.46% as the average on a 30-year mortgage, up 8 basis points from last week. Rates are now up nearly 50 basis points in the last month.
The UrbanTurf Mortgage Rate Disclaimer: The rates reported by Freddie Mac for 30-year mortgages are usually the best rates that the most qualified borrowers can get, so borrowers or those considering refinancing should not necessarily read this news and think that they can go out and get a loan with the quoted interest rate.
See other articles related to: interest rates, mortgage rates
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/646_mortgage_rates_rise_again/24485.
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