Morning Minute: Mortgage rates move slightly higher this week

Freddie Mac reported that mortgage interest rates inched slightly higher this week — 3.68 percent for a 30-year, fixed-rate mortgage compared to an average of 3.65 percent last week. Freddie Mac Deputy Chief Economist Len Kiefer said rates rose during a week of mixed economic news as overall economic growth was lower than expected, but the housing market saw positive gains. Read more.

In other headlines:

Obama’s library to be built in Chicago, sources say – Chicago Tribune

The Best-Kept Secret in Rural Housing – National Association of REALTORS

It’s official: The first quarter saw a refinance mini-boom – HousingWire

2015-05-01T10:22:01+00:00May 1st, 2015|Housing Market|0 Comments

About the Author: