Mortgage Rates Mixed While Applications Slow
Mortgage rates were up slightly during the pre-
holiday week ended December 20 according to the Primary Mortgage Market
Survey conducted by Freddie Mac.
The 30-year fixed rate mortgage (FRM) averaged 6.14 percent with 0.4
point for the week, up from 6.11 percent with 0.5 point the week before.
During the same week in 2006 the 30-year FRM carried an average interest
rate of 6.13 percent.
Before you can buy your dream house, you have to obtain financing. Finding the right mortgage can be a daunting task for the first time home buyer so we provide plenty of information and resources to help you find the mortgage that will meet your needs.