Consumer Finance News

Mortgage Rates Reach Highest Level This Year While Mortgage Applications Drop

All mortgage rates increased this week, reaching the highest level we have seen in 2015, while mortgage applications dropped last week, most likely due to the steady increase in mortgage rates since May 21. According to Freddie Mac 30-year fixed-rate mortgages increased from 4.02% last week to 4.08% this week, reaching the...

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