Thursday, September 19, 2013

30 Year Mortgage Rates Take A Dips

On Thursday Freddie Mac said the average rate on the 30-year fixed mortgage took a dip to 4.5% from 4.57% last week. So What does that say about the state of the housing market? Overall, mortgage rates remain low by historical standards. Concerns over predictions of rising interest rates have moved some homeowners to close deals as quickly as possible.