The rate for the week ended today increased to 4.94% from 4.81%. It set a record low 4.71% in the week ended Dec. 3. The average 15-year rate was 4.38%, the McLean, Virginia-based company said today in a statement.
“We’re probably seeing a bottoming process in the mortgage rates,” said George Mokrzan, senior economist at Huntington [...]
Posts Tagged ‘Ginnie Mae’
Mortgage rates rise to 4.94%, Freddie Mac says
December 17th, 2009 by Mortgage Writer
Tags: fannie mae, Freddie Mac, Ginnie Mae, home loans, lenders, mortgage, mortgage rates, National Bank in Columbus, The Mortgage Bankers Association
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