Slight Uptick in Rates on Loans for New Homes

This morning, the Federal Housing Finance Agency (FHFA) reported that interest rates on home mortgages increased slightly in March.  The same was true for the subset of mortgages used to purchase new homes. On conventional mortgages used to purchase newly built homes, the average contract rate and average initial fees and charges each increased by 2 basis points.  The contract… Read More ›
from Home Services Blog http://eyeonhousing.org/2015/04/slight-uptick-in-rates-on-loans-for-new-homes/

from Tumblr http://msalexandrakpierson.tumblr.com/post/117602152028