Monday, September 29, 2014

Borrowing Costs Ease Slightly

Borrowing Costs Ease Slightly 
Fixed-rate mortgages dropped slightly from the previous week, holding near yearly lows, 
Freddie Mac reports in its weekly mortgage report. Freddie Mac released the following national averages with mortgage rates for the week. What’s New on the Mortgage Front? From low down payment options for first-time buyers to jumbo loan options for move-up purchases, find out what lenders are offering buyers today.Buyers’ loan options may have changed more than you may realize. Make sure to check with lenders or mortgage brokers for the latest terms and conditions of any loan product, read more.

Fixed-rate mortgages dropped slightly from the previous week, holding near yearly lows, Freddie Mac reports in its weekly mortgage report. Freddie Mac released the following national averages with mortgage rates for the week.
  • 30-year fixed-rate mortgages: averaged 4.20 percent, with an average 0.5 point, dropping from last week’s 4.23 percent average. Last year at this time, 30-year rates averaged 4.32 percent.
What’s New on the Mortgage Front? From low down payment options for first-time buyers to jumbo loan options for move-up purchases, find out what lenders are offering buyers today.Buyers’ loan options may have changed more than you may realize.
- See more at: http://www.affordableutahhousing.com/blog/1215148/4574910/Borrowing-Costs-Ease-Slightly#sthash.h7QdzHMe.dpuf

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