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U.S. mortgage rates rise slightly: Freddie Mac

Posted on 28 August 2009

From Reuters: U.S. mortgage rates rose slightly in the latest week but still remained at historically low levels that should spur home loan demand and help the hard-hit U.S. housing market recover.

Interest rates on U.S. 30-year fixed-rate mortgages averaged 5.14 percent for the week ending August 27, up from the previous week’s 5.12 percent, which was the lowest level in three months, according to a survey released on Thursday by home funding company Freddie Mac…………..Full Article: Source


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