Mortgage rates are still experiencing near-record lows, despite the improvement of housing conditions. Freddie Mac’s weekly survey of conforming rates has shown that rates on a 30-year fixed mortgage have averaged 3.71% for last week. According to Smart Money, the mortgage situation seems to defy normal supply and demand rules, especially because there is now [...]
Mortgage Rates See Increase, But Still Low is a post from: The Inquisitr