It's all here! News on the Tucson real estate market, tips and information for your Tucson real estate needs, and my occasional "likes" about Tucson and all the things we love about it. Read on!
Friday, July 4, 2014
Interest Rates Hold Steady This Week
Freddie Mac's weekly survey of mortgage interest rates show that both 30 and 15 year rates were essentially unchanged this week. 30-year fixed rate loans edged down slightly to 4.12% and 15-year fixed rate loans were unchanged at 3.22%.
leaves rates about 1/8th of a percentage point lower than a year
ago — a surprise to many economists, who had expected they would
increase as the economy strengthened, and welcome news for borrowers
encountering slightly higher Tucson home prices.