The latest weekly survey from Bankrate.com highlights that the benchmark 30-year fixed mortgage rate rose to 3.99% from 3.96% last week, thus closing the year below the psychological 4% barrier.
In November, ValueWalk carried the Primary Mortgage Market Survey from Freddie Mac / Federal Home Loan Mortgage Corp, which highlighted that fixed rate mortgage rates are still hanging near 2014 lows driven by the October employment data.
Mortgage rates dropped in 2014
According to the Bankrate.com national survey of large lenders, the benchmark 30-year fixed-rate mortgage rose to 3.99% from 3.96% last week. The survey notes the mortgage rates moved slightly higher for a second consecutive week, with the...
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