What's Hot: RFK Stadium Cleared For Demolition | Airbnb Unveils Icons
3.98: Mortgage Rates Change Little
This morning, Freddie Mac reported 3.98 percent with an average 0.7 point as the average on a 30-year fixed mortgage.
Rates changed very little since last week’s average of 3.99. Last month, they crept up to 4.08, going above four for the first time since October 2011.
From Freddie Mac vice president and chief economist Frank Nothaft:
Average weekly mortgage rates were little changed this week amid mixed signals on the health of the economy. The final estimate of 2011 fourth quarter growth remained unchanged at 3 percent, representing the strongest pace since the second quarter of 2010. The March 13th policy committee minutes from the Federal Reserve noted that the housing market remained depressed and supported the continuation of the maturity extension program through June 2012, but did not announce any new stimulus action beyond that date.
See other articles related to: mortgage rates
This article originally published at https://dc.urbanturf.com/articles/blog/3.98_mortgage_rates_change_little/5379.
Most Popular... This Week • Last 30 Days • Ever
Georgetown Metropolitan reported on Tuesday that the Instagram account for the nation... read »
The National Park Service has given the green light for DC's 62 year-old stadium to b... read »
A Home Equity Line of Credit, commonly referred to as HELOC, is a borrowing product t... read »
UrbanTurf continues our tour of neighborhood developments around the region as we tak... read »
A regular inclusion as one of DC's most expensive housing markets, Georgetown remains... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro