Friday, September 14, 2012

Mortgage Rates Continue to Hover Near Lows

Mortgage Rates Continue to Hover Near Lows
Fixed-rate mortgages mostly held steady this week near their all-time lows, keeping the purchasing power of home buyers high. 
Thirty-year fixed-rate mortgages, the most popular choice among home shoppers, has been below 4 percent every week this year except for one, Freddie Mac reports in its weekly mortgage market survey. Fifteen-year fixed-rate mortgages, which tend to be more popular among refinancers, has remained below 3 percent since the last week in May. Read more

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