Capitol Report: How mortgage lenders could boost home buying in 2015
Cutting down-payment requirements and helping owners to build equity faster are just a couple of ways that the mortgage industry is looking to bolster the housing market in 2015.
Cutting down-payment requirements and helping owners to build equity faster are just a couple of ways that the mortgage industry is looking to bolster the housing market in 2015.
Closing out a year of surprisingly low mortgage interest rates, the average rate for a conventional 30-year home loan was 3.87% this week, Freddie Mac said, up slightly from 3.83% a week ago.
Average U.S. mortgage rates rose slightly this week, but the benchmark 30-year rate stayed near a 19-month low.
The 30-year fixed-rate average rises for the second week in a row, but ends the year 66 basis points below where it started.