Mortgage rates fell for the third consecutive week. According to Freddie Mac, the average rate for a 30-year fixed rate mortgage fell by two basis points to 3.41 percent as compared to last week’s 3.43 percent and 3.90 percent year-over-year.
What’s Ahead For Mortgage Rates This Week – April 15, 2013
Mortgage rates saw little change last week amidst mixed economic news.
Treasury auctions held on Tuesday, Wednesday and Thursday saw weak demand; this could have been caused by the FOMC minutes that were released on Wednesday.
What’s Ahead For Mortgage Rates This Week – April 8, 2013
Last week’s economic news includes several factors that drove U.S. mortgage rates lower.
What’s Ahead For Mortgage Rates This Week: April 1st, 2013
Mortgage rates fell last week as investor concerns over the European economy grew.
Fears of growing differences between wealthier European nations and European nations needing economic aid brought higher bond prices and lower mortgage rates.
What’s Ahead For Mortgage Rates This Week – March 25th, 2013
Last week’s economic news was dominated by events in Cyprus and the Federal Open Market Committee (FOMC) meeting on Wednesday.
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