Mortgage Rates at Highest in Nearly 4 Yrs
By JEANNINE AVERSA, AP Economics Writer
Thursday, April 13, 2006
WASHINGTON, (AP) -- Rates on 30-year mortgages climbed this week to their highest point in nearly four years, a development that could put a further crimp in housing activity.
Freddie Mac, the mortgage company, reported Thursday that rates on 30-year, fixed-rate mortgages averaged 6.49 percent for the week ending April 13. That was up from 6.43 percent last week and was the highest since mid-July of 2002.
Click here for more.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment