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Loan Modification

: Loan Modification & Home Loan News

BRIEF: Mortgage rates hit seven-month high but annual average at historic low

By Moe Bedard

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(Source: Boston Herald)- The 30-year fixed rate mortgage has reached its highest level in seven months, according to Freddie Mac. Interest rates on the most popular mortgage averaged 4.86 percent for the week ending Dec. 30, up from 4.81 percent last week. A year ago at this time, the 30-year rate averaged 5.14 percent. “Interest [...]

Full post as published by Loan Modification & Home Loan News on December 31, 2010 (boomark / email).

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