Freddie Mac reported 30 year mortgage rates rose slightly for the second consecutive week. According to the survey, 30 year rates went up from 4.21% to 4.23% (w/ .8 pts).
Mortgage Rates Have Bottomed?
Has the nosedive of continually lower mortgage rate drops come to an abrupt hault? Many experts believe that we have hit bottom. Mortgage rates did not fall in lock step