- Delegate Mike Folk stands up for 2nd Amendment Rights in West Virginia
- Human Relations Commission Amendment Deletes “Handicap” Substitutes “Disabled”
- IMAGES: Huntington High School Honored by Council, Mayor Despite Loss
- FLASHBACK: Major Huntington Landfill Contaminants Could Relate to Solvents or to Cold War Activities at Uranium Processing Plant
- Contaminated Debris of Huntington Pilot Plant Transported by Truck in 1979
- Comprehensive Plan, Skatepark Approved by Huntington Council
- Toxic TCE Released to Huntington's Air Sept. 11-15, 2008, per EPA Settlement; Authorities not Immediately Notified of Release
- WSJ Wasteland Series Continues in Pennsylvania where Uranium Processing Site had "Birdcages"
- Marshall Has 21 Named to All-Conference and All-Freshman Teams
- Richard Cordray, Director of the Consumer Financial Protection Bureau, Discusses Mortgage Rules at Consumer Federation of America Meeting
FREDDIE MAC: Mortgage Rates Steady Near Year Highs
"Mortgage rates were little changed this week following a mixed employment report," said Frank Nothaft, Freddie Mac's vice president and chief economist. "For example, the economy added 169,000 jobs in August, which was below the market consensus forecast, and revisions subtracted another 74,000 from the prior two months. Meanwhile, the unemployment rate fell to 7.3 percent which was the lowest since December 2008."
- 30-year fixed-rate mortgage (FRM) averaged 4.57 percent with an average 0.8 point for the week ending September 12, 2013, unchanged from last week. A year ago at this time, the 30-year FRM averaged 3.55 percent.
- 15-year FRM this week averaged 3.59 percent with an average 0.7 point, unchanged from last week. A year ago at this time, the 15-year FRM averaged 2.85 percent.
- 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.22 percent this week with an average 0.5 point, down from last week when it averaged 3.28 percent. A year ago, the 5-year ARM averaged 2.72 percent.
- 1-year Treasury-indexed ARM averaged 2.67 percent this week with an average 0.4 point, down from last week when it averaged 2.71 percent. At this time last year, the 1-year ARM averaged 2.61 percent.
Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following links for the Regional and National Mortgage Rate Details and Definitions. Borrowers may still pay closing costs which are not included in the survey.