homes more afforadable: We End 2014 with Low Mortgage Interest Rates
- 01/01/15 06:05 AM
Yesterday, 12/31//2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.87% up from 3.83% last week. The average interest rate for 15 year fixed-rate mortgages was 3.15%, up from 3.10% last week. A year ago the 30 year rate was 4.53%.
Freddie Mac's spokesperson said, "While mortgage rates edged up this week, they remain near 2014 lows. Looking at full year data, the 30-year fixed-rate average for 2014 was 4.17 percent, the highest annual average since 2011. Also, the Conference Board reported that confidence among consumers rose in December and the S&P/Case-Shiller Seasonally-Adjusted National house price … (1 comments)
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Yesterday, 12/31//2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.87% up from 3.83% last week. The average interest rate for 15 year fixed-rate mortgages was 3.15%, up from 3.10% last week. A year ago the 30 year rate was 4.53%.
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