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Tag Archives: Mortgage rates
Mortgages Tumble to 7-Month Low
Mortgage rates fell again this week as investors grew more concerned about slow economic growth. The benchmark 30-year fixed-rate mortgage fell 4 basis points this week, to 4.65 percent, according to the Bankrate.com national survey of large lenders. A basis point is … Continue reading
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Tagged Bank rate, Mortgage rates, Portland oregon real estate
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Mortgage rates hit 5-month low
Mortgage rates fell to a five-month low this past week as reports of an uptick in unemployment filings and higher gasoline prices cut into consumer spending, scaring investors into safe government bonds, Bankrate said Thursday. Freddie Mac also released its … Continue reading