the
third consecutive week, the 30-year fixed-rate mortgage held steady,
with borrowing costs for home buyers and refinancers remaining near its
lows for the year. Lawrence Yun, chief economist and senior vice
president of the National Association of Realtors (NAR), issued a
statement on September 3 reporting that despite reports of more jobs,
lower interest rates, and overall economic improvement, home sales are
typically slow for the autumn months. See Freddie Mac reports the following national averages with mortgage rates
Monday, September 8, 2014
Mortgage Rates Stay Level
Despite Low Mortgage Rates, Home Sales Typically Slow in Autumn: For the
third consecutive week, the 30-year fixed-rate mortgage held steady,
with borrowing costs for home buyers and refinancers remaining near its
lows for the year. Lawrence Yun, chief economist and senior vice
president of the National Association of Realtors (NAR), issued a
statement on September 3 reporting that despite reports of more jobs,
lower interest rates, and overall economic improvement, home sales are
typically slow for the autumn months. See Freddie Mac reports the following national averages with mortgage rates
the
third consecutive week, the 30-year fixed-rate mortgage held steady,
with borrowing costs for home buyers and refinancers remaining near its
lows for the year. Lawrence Yun, chief economist and senior vice
president of the National Association of Realtors (NAR), issued a
statement on September 3 reporting that despite reports of more jobs,
lower interest rates, and overall economic improvement, home sales are
typically slow for the autumn months. See Freddie Mac reports the following national averages with mortgage rates
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