Morning Minute: Mortgage interest rates climbed slightly higher this week

Fixed mortgage rates rose slightly this week with the 30-year, fixed-rate mortgage rate averaging 3.45 percent, an increase from 3.42 percent a week ago, Freddie Mac reported this week. The 15-year fixed rate rose from 2.72 percent to 2.75 percent this week. Read more.

In other headlines:

Sellers have the big edge in Chicago and state’s home market now – Chicago Business Journal

June home sales up 1.4 percent in county – DeKalb Daily Chronicle

Low mortgage rates help boost US home resales to 9-year high – Reuters (via CNBC)

Home Sales Grow in June with Nice Bump in First-Time Buyers – Barron’s

The Very Worst Home-Pricing Advice You’ll Ever Hear (and Why) – realtor.com

Leave a Reply

Your email address will not be published. Required fields are marked *