Gary Pierpont Blog

30-Year Fixed-Rate Loan Jumps .19%

November 20, 2013 by garypierpontblog

According to Freddie Mac, the average 30-year fixed-rate loan has increased to 4.35%, up .19% from last week, and the highest level since mid-September. The average 15-year fixed-rate mortgage also jumped, averaging 3.35%, up .8% from the previous week. Additionally, a government report stated that 204,000 jobs were added to the market in October. More here

Filed Under: Housing Market Tagged With: First Home Mortgage, Gary Pierpont, Greenbelt, MD

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