Salient to Investors:
Freddie Mac said the 30-yr fixed mortgage rate averaged 3.56 percent in the past week, the highest level since August 30, 2012, while the average 15-year rate held at 2.77 percent.
Celia Chen at Moody’s Analytics said mortgage rates are still very, very low and will stay low at least another year.
Read the full article at http://www.bloomberg.com/news/2013-02-21/u-s-30-year-mortgage-rates-rise-to-highest-since-august.html
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