Estimated reading time: 0 minutes, 20 seconds

Mortgage Rates Rise, Signaling Potential End to Historic Lows

The long stretch of historically low mortgage rates could be ending as signaled by last week’s rate rise. So reports the Associated Press.

!--more-->The 30-year fixed rate averaged 2.79% in the week ending January 14, up 14 basis points from the previous week.

Home loans were at record lows the previous week and the 30-year stood at 3.65% a year ago.

Read the full article from the Associated Press

Read 1426 times
Rate this item
(0 votes)

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.