Mortgage Rates Stabilize

Mortgage rates have stabilized after many months of continuous growth, according to Freddie Mac. The average 30-year fixed rate loan fell .06% last week. Experts say that even as the housing market in general begins to stabilize and slightly drop, rates are still much better than last year and will continue to help the economy grow.  Additionally, existing home sales are considered high with levels still 15% higher than levels seen in 2012. More here

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