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Monday, July 6, 2015
Mortgage Rates Rise
The rate for a 30-year fixed-rate mortgage averaged 4.08 percent last week, up from the previous week’s 4.02 percent, Freddie Mac said Thursday. At this time last year, the 30-year FRM rate averaged 4.12 percent. Last week’s 15-year FRM rate averaged 3.24 percent, up from the previous week’s 3.21 percent rate. A year ago, the 15-year FRM rate averaged 3.22 percent.
--ABA Daily Newbytes
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