Find us on...


Login using...

New Search X

Mortgage rates dip as Fed holds stimulus steady

Posted by Bonnie Martin Designated Broker on Friday, September 27th, 2013 at 8:46am. - The rate for a 30-year, fixed loan fell to 4.32% from 4.5%, according to a weekly survey from Freddie Mac.

While that represents only a small savings for borrowers - $21 a month on a $200,000 balance - it's still good news for the housing market. Mortgage rates have been moving higher in the last few months, which analysts feared could put the brakes on the real estate recovery.

To read more of this article, click the link below:


Photo:  ©[max5128]/123RF.COM

Leave a Comment