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Thursday, December 15, 2016

Mortgage Rates Rise After Yellen/Fed Increase Rates

US average 30-year mortgage rate rises to 4.16 percent

Snippet of Article: "... Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed rate loan rose this week to 4.16 percent from 4.13 percent the previous week. The benchmark rate is well above its 3.97 percent level of a year ago. The rate on 15-year home loans, a popular choice for people who are refinancing, ticked up to 3.37 percent from 3.36 percent ..."

Reference: www.usnews.com

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