RE/MAX TITANIUM : Lake, Orange, Sumter, Seminole and Surrounding Counties. Got Real Estate Questions? Call Us At 352-241-6363

Average 30-year mortgage rate at 4.17%

WASHINGTON (AP) – June 20, 2014 – Average U.S. rates on fixed mortgages eased slightly this week, remaining near historic lows.

Mortgage buyer Freddie Mac said Thursday the average rate for a 30-year loan declined to 4.17 percent from 4.20 percent last week. The average for the 15-year mortgage dipped to 3.30 percent from 3.31 percent.

Rising prices and higher interest rates beginning in mid-2013 have made homes less affordable for would-be buyers. At the same time, a limited supply of homes is available to buy. Sales of new homes are running about half the rate of a healthy housing market.

 

To see homes that are available for sale today Visit-www.freeflhomesearch.com

 

Wordpress SEO Plugin by SEOPressor