FHFA Index Shows Mortgage Interest Rates Increased in January
The average interest rate on all mortgage loans was 3.97 percent, up 1 basis point from 3.96 in December. Washington, D.C. – February 25, 2016 – Nationally, interest rates on conventional purchase-money mortgages increased from December to January, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously […]
