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wednesday, Page 2

Average US 30-year mortgage edges up slightly

Average U.S. mortgage rates rose slightly this week but the benchmark 30-year low remained very close to the 19-month low hit last week. Mortgage company Freddie Mac said Wednesday that the nationwide …

This Could Be Your Last Shot to Refinance a Mortgage

After the Fed’s announcement Wednesday that it would end its historic $3 trillion bond-buying program, mortgage rates predictably began to rise. You might consider instead a 15-year loan, which has a lower rate and higher monthly payments but will have you owning your house outright much sooner.  “Think about you particular situation not just now, but five, ten, twenty years from now,” said …