Monday, July 27, 2009
Friday, July 24, 2009
New York and Washington Different Rates up and Down!
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.
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.
Mortgage Rates Increase to 5.20%
Which one is it. Crazy right? Wall Street Journal says mortgage rates increase, but Market watch that is also run by the wall street journal says that mortgage rates decrease. Just stop it!!!!!!
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