FreddieMac.com Reports Higher Mortgage Rates
Mortgage Rates inched higher this week according to FreddieMac.com’s weekly Primary Market Mortgage Survey. The average rate for a 30-year fixed-rate mortgage is 6.18 percent compared to last week’s 6.13 percent.
Rates were effected by increased consumer spending in November along with a increased new home sales causing concern over inflation. Read the full story…