Rates Increase Slightly but Are Still Low Enough to Spur Refinance Activity
Mortgage rates increased three basis points last week according to the Freddie Mac Primary Mortgage Market Survey released on January 22nd. With the economy improving and the average 30-year fixed-rate mortgage nearly a percentage point lower than last year, more homebuyers are entering the market. Mortgage applications increased 14.1 percent from one week earlier, according […]
