Archive For January 2, 2017

Mortgage Rates Hit Two-Year High

Mortgage Rates Hit Two-Year High

The nation’s most popular home loan, the 30-year fixed rate mortgage, rose 2 basis points (or 0.02 percent) this past week to 4.32%.  Mortgage rates haven’t been this high since April 2014.  The 15-year fixed rate loan jumped 3 basis points to 3.55%, and the 5-year adjustable rate mortgage (ARM) actually decreased slightly to 3.30%. This is…

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