Mortgage rate predictions for August 2014
from The Mortgage Reports
According to Freddie Mac's weekly mortgage rate survey of more than one hundred banks, the average 30-year mortgage rates dropped one basis point recently to reach 4.12 percent; and the average 15-year mortgage rates dropped three basis points. Mortgage interest rates are near a 14-month low. Homebuyers have benefitted from low rates all year. Now, refinancing households are benefitting, too.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063