30 year fixed rate mortgages averaged 4.1% last week which is down from 4.14% the week before. Last year at this time the rate was 3.59%.
Although rates are rising, the increases seem to be mild and sustainable. The perception to borrowers though, could be a different matter. Those that are on the cusp of buying a home may be pushed over the edge with the fear of rising rates in the future.
Read the Original Article Here: Daily market update: April 10, 2017
6 Bedrooms / 8 Baths / 12,621 Sq.Ft. / 4+ Car Garage This incredible
2 Bedrooms / 2 Baths / 1,038 Sq.Ft. / Off-Street Parking Rarely on the
4 Bedrooms / 2.5 Baths / 2,385 Sq.Ft. / 2 Car Garage This contemporary
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