Fixed mortgage rates inched a little higher this week, climbing just over 4 percent, but rates still remain lower than a year ago. Freddie Mac economists attributed the increase to stronger economic news. The 30-year, fixed rate mortgage averaged 4.02 percent this week while the 15-year, fixed averaged 3.21 percent. Read more.
In other headlines:
5 Million Households Lost to Roomie Trend – Daily Real Estate News
Institutional investment in housing drops to 4-year low – HousingWire