Inman News
14 March 2014
Freddie Mac reported that fixed mortgage rates edged up this week:
Rates on 30-year fixed-rate mortgages averaged 4.37 percent with an average point of 0.6 for the week ending March 13, up from 4.28 percent last week and 3.63 percent a year ago, according to Freddie Mac’s latest Primary Mortgage Market Survey.
Rates on 15-year fixed-rate mortgages and five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) loans also increased, while rates on one-year Treasury-indexed ARMs edged down.
Source: Freddie Mac