A modest rise was recorded for mortgage rates this week, and several indicators suggest that they aren’t likely to change over the next week.
Thirty-year interest rates on residential loans that were closed during June averaged 4.8 percent, 30 basis points worse than a month earlier.
Average 30-year rates, which were the highest they’ve been since February, were down, however, from 4.9 percent as of 12 months earlier.
…read more
From:: Financing