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Mortgage rates drop slightly this week pulling away from 6%

By: Dennis Norman

Yesterday, Bankrate, Inc. issued their weekly mortgage interest rate report showing that mortgage rates after rising to almost 6% have retreated in this past week with 30-year fixed-rate mortgages averaging 5.76%, down from 5.95% last week, with an average of 0.43% in discount and origination fees.

The report shows 15-year fixed-rate mortgages were also lower this week at an average of [...]

Mortgage Interest Rates Increase Again this Week

By: Dennis Norman

 Today, Bankrate, Inc. issued their weekly mortgage interest rate report showing that mortgage rates jumped this week with 30-year fixed-rate mortgages averaging 5.65%, up from 5.45% last week, with an average of 0.44% in discount and origination fees.

The report shows 15-year fixed-rate mortgages were also higher this week at an average of 5.06%, up from 4.86% last [...]

Mortgage rates jump this week

By: Dennis Norman

 Yesterday, Bankrate, Inc. issued their weekly mortgage interest rate report showing that mortgage rates jumped this week with 30-year fixed-rate mortgages averaging 5.45%, up from 5.24% last week, with an average of 0.41% in discount and origination fees.

The report shows 15-year fixed-rate mortgages were also higher this week at an average of 4.86%, up from 4.74% last [...]