Real Estate

Real Estate

Mortgage Rates Rise Again

Mortgage rates rose this week with the 30-year fixed rate average now at 6.9 percent, according to Freddie Mac. A year ago it stood at 5.13 percent. The combination of upbeat economic data and the U.S. credit rating downgrade were behind the upside move, it said. “Despite higher rates and lower purchase demand, home prices […]

Real Estate Mortgage Rates Rise Again Mortgage rates rose this week with the 30-year fixed rate average now at 6.9 percent, according to Freddie Mac. A year ago it stood at 5.13 percent. The combination of upbeat economic data and the U.S. credit rating downgrade were behind the upside move, it said. “Despite higher rates and lower purchase demand, home prices […]

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