Is This the Calm Before the Storm?
Mortgage Rates Unchanged:Home buyers enjoyed another week of low rates as
we headed deeper into the spring home-buying season. Freddie Mac
reported interest rates largely unchanged from last week, even as
pending home sales increased. So, while you can, please enjoy a 30-year fixed-rate mortgage at about 3.70% for the week ending April 2. Last week, rates averaged 3.69%, down from 4.41% a year ago this time. Buyers are out shopping, yet they still have very few homes to choose from in most markets. How to Win or Lose a Bidding War:
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