SOURCE: Mortgage News Feed
According to Freddie Mac's weekly survey of more than 100 mortgage lenders nationwide, conventional 30-year fixed rate mortgages now average 3.98%, bringing rates as close to four percent as they've been since summer. This also marks the second straight week through which 30-year mortgage rates climbed 11 basis points (0.11%), making this the worst two-week spell for rates since late-2013 -- 100 weeks ago. With mortgage rates up, home buyers are finding it more difficult to lock in low payments; and existing homeowners planning a home loan refinance are finding it tougher to find big savings. Read Full Article Here >>
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