By AMY HOAK
WASHINGTON -- Rates on fixed-rate home mortgages rose this week, as recent housing indicators suggest that the worst of the housing downturn may have passed, Freddie Mac's chief economist said Thursday.
The 30-year fixed-rate mortgage averaged 5.20% for the week ended July 23, up from 5.14% last week, according to Freddie Mac's weekly survey of conforming mortgages. The mortgage averaged 6.63% a year ago.
Friday, July 24, 2009
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment