Mortgage Rate Update - Aug 22
August 22nd, 2014 7:54 AM

Freddie Mac said the nationwide average rate for a 30-year mortgage fell to 52-week low of 4.10 percent from 4.12 percent last week. Rates have fallen even though the Federal Reserve has been cutting its monthly bond purchases, which are intended to keep long-term borrowing rates low.



For all your Residential and Commercial Real Estate Appraisal needs please contact:
James M. Hanson Associates, Inc.
Phone: (609) 884-9185


Posted in:General
Posted by James M. Hanson on August 22nd, 2014 7:54 AMPost a Comment

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