Sunday, August 04, 2013

Freddie Mac: Mortgage rates up this week; 30-year loan averages 4.39%,0,3975927.story

Fixed mortgage rates moved higher this week after two weeks of declines, with the widely watched Freddie Mac survey pegging the average rate for a 30-year home loan at 4.39%, up from 4.31% last week (LA Times)

Rapid home price gains will slow

Home prices have been seeing rapid gains in recent months, but don't expect that to continue.