Weekend Rate Report: Mortgage Rates Mixed This Week but Expected to Head Lower

Interest rates on home loans offered up a mixed bag of results this week. Freddie Mac says fixed-rate mortgages showed no change or dipped slightly and adjustable-rate mortgages ticked upward. Even with the inconsistencies, rates remain near their record lows. Those lows may drop farther with the Federal Reserve’s announcement Wednesday that it’s planning a new buying spree of mortgage-backed securities and Treasuries. Leading indicators in the bond market since the Fed’s statement suggest mortgage rates will again start falling. » Read More

Deborah Bremner
The Bremner Group at Coldwell Banker
REALTOR, 00588885,
(O) 310-571-1364 DIRECT
(D) (310) 800-2954
Accredited Buyer Representative | Certified Distressed Property Expert | Pre-Foreclosure Specialist Certified

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