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- CARIBBEAN VIEW: Venezuela in financial difficulty, will Petro Caribe survive?
- MILITARY-INDUSTRIAL COMPLEX: Defense Dept. Contracts for Nov. 26, 2014
- MILITARY-INDUSTRIAL COMPLEX: Defense Dept. Contracts for Nov. 24, 2014
- Detroit Heroin Dealer Pleads Guilty to Huntington Charges
- Thanksgiving Weekend Live Theatre Offerings
- OP-ED: There Goes Virginia's Climate
- MILITARY-INDUSTRIAL COMPLEX: Defense Dept. Contracts for Nov. 21, 2014
- Landau Eugene Murphy Jr. Brings His 2014 Murphy and Motown Christmas Tour to Huntington WV
- FREDDIE MAC: Mortgage Rates Remain Low Heading Into Holiday Weekend
FREDDIE MAC: Fixed Mortgage Rates Edge Up
"Mortgage rates edged up amid a week of light economic reports," said Frank Nothaft, Freddie Mac's vice president and chief economist. "Of the few releases, the economy added 175,000 jobs [PDF] in February, which was above the market consensus forecast and followed an upward revision of 25,000 jobs for the prior two months. Meanwhile, the unemployment rate nudged up to 6.7 percent, the first rate increase in over a year."
- 30-year fixed-rate mortgage (FRM) averaged 4.37 percent with an average 0.6 point for the week ending March 13, 2014, up from last week when it averaged 4.28 percent. A year ago at this time, the 30-year FRM averaged 3.63 percent.
- 15-year FRM this week averaged 3.38 percent with an average 0.6 point, up from last week when it averaged 3.32 percent. A year ago at this time, the 15-year FRM averaged 2.79 percent.
- 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.09 percent this week with an average 0.4 point, up from last week when it averaged 3.03 percent. A year ago, the 5-year ARM averaged 2.61 percent.
- 1-year Treasury-indexed ARM averaged 2.48 percent this week with an average 0.4 point, down from last week when it averaged 2.52 percent. At this time last year, the 1-year ARM averaged 2.64 percent.