The 30-year fixed-rate mortgage continues to drop this week, setting a new low for 2017, Freddie Mac reports in its weekly mortgage market survey. This marks the fourth consecutive week that 30-year rates have fallen. Freddie Mac reports the following national averages with mortgage rates for the week ending April 13, 2017: 30-year fixed-rate mortgages […]
Mortgage rates
Rates on the rise
Actions are starting to match words. For the second time in three months, the Federal Reserve raised the federal funds rate — the benchmark rate for other interest rates — this past Wednesday. Specifically, the Fed raised the range on the fed funds rate 25 basis points (a quarter of a percentage point) to 0.75% […]
