Follow Me on Twitter

Mortgage rates rise again this week;housing market may be bottoming out

Dennis Norman

According to Freddie Macs weekly mortgage market survey mortgage rates increased slightly this week from the prior week. The survey shows 30 year fixed rate mortgages averaging 5.25% with 0.7% in fees and points,up from 5.20% the week before. Last year at this time,the 30 year rate averaged 6.52%.

Rates [...]