Thursday, December 16, 2010

Freddie Mac: mortgage interest rates rose again last week

"Mortgage interest rates continue to climb, as worries about inflation permeate the market, according to Freddie Mac.

The government-sponsored enterprise said its primary mortgage market survey showed the average rate for a 30-year, fixed mortgage rose to 4.83% for the week ending Thursday from 4.61% a week earlier. The rate is now at the highest level since May. The average rate for a 15-year, fixed mortgage increased to 4.17% from 3.96% the prior week, according to the Freddie Mac survey..."

at http://www.housingwire.com/2010/12/16/freddie-mac-mortgage-interest-rates-rose-again-last-week?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+housingwire%2FuOVI+%28HousingWire%29

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