Refinance applications fall as mortgage rates are gradually rising
Updated Nov. 18, 2014
Mortgage rates had started to lower from 2009 but the rates hit its lowest in the second quarter of this year (2010). The 30 year fixed mortgage rate fell to an average of 4.13% in the first week of October and the 15 year fixed rate mortgage rates too fell to 3.63%. However, according to market analysts, as the economy is...

What is the current situation of the housing market?
Updated Oct. 24, 2014
As per the latest mortgage market, the mortgage rates are getting higher and there is a positive effect on the housing market. The mortgage rates are 4.81% for 30-year fixed rates and for 15-year fixed mortgage, the rate is 4.15%. The mortgage rates are predicted to rise to 5% in the coming year, 2011. The house sales...