Gary Pierpont Blog

Mortgage Rates On The Rise

January 3, 2014 by garypierpontblog

According to Freddie Mac’s mortgage survey, the average fixed-rate mortgage is continuing to see a slight increase. Pending home sales jumped 0.2% last month, and consumer confidence also experienced additional growth as 2013 came to a close. 30-year fixed-rate mortgages averaged approximately 4.53%, up from 4.48% last week, and the average 15-year-fixed rate mortgage increased from 3.52% to 3.55%. More here

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

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