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Loan Modification

: Loan Modification & Home Loan News

Average 30-Year Mortgage Rises Past 5%

By Moe Bedard

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(Source: USA TODAY / by Julie Schmit) – Mortgage rates rose this week to their highest level in 10 months, but the increase isn’t expected to derail strengthening in the battered U.S. housing market.Freddie Mac reported Thursday that 30-year fixed-rate mortgages averaged 5.05% this week. That’s the highest since late April and up sharply from [...]

Full post as published by Loan Modification & Home Loan News on February 11, 2011 (boomark / email).

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