Mortgage Rate Update
With rates down again last week, the resurgence in refinances looks set to continue. But how can you be sure you get the best deal possible?
For the third consecutive week, mortgage rates have fallen. They're now within a hair's breadth of a 15-month low.
Average mortgage rates drifted down again last week, returning (after a freak rise a couple of weeks ago) to the narrow band within which they've been contained since May.
The most important mortgage rates edged down slightly this week, staying at attractive levels for both home buyers and those looking to refinance.
Average rates for 30-year fixed-rate mortgages have jumped 13 basis points (0.13 percent) over the last two weeks. Is this the start of the long-term trend upward that many have been predicting?
Previously on Mortgage Rate Update
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