Home Mortgage Rates Rise!
Friday, April 9, 2010
I found this article today on Comcast while having my morning cup of coffee…guess I better lock my mortgage refinance ASAP
WASHINGTON — Rates for 30-year home loans surged last week, rising to the highest level in eight months due to the improving economy and the end of a government push to keep rates low.
The average rate on a 30-year fixed rate mortgage was 5.21 percent this week, up from 5.08 percent a week earlier, Freddie Mac said Thursday. That’s the highest since mid-August, when the average rate was 5.29 percent. [more]
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