- ISIS Troops One Mile from Baghdad
- Huntington District artifacts transferred to the Veterans Curation Program
- Ciccarelli named Huntington’s next chief of police
- CFPB Takes Action Against Flagstar Bank for Violating New Mortgage Servicing Rules; Flagstar to Pay $37.5 Million for Blocking Mortgage Borrowers' Attempts to Save Their Homes
- Marshall's Department of Social Work provides job opportunities to students through child welfare program
- Multi-million dollar federal grant renewed for Marshall researchers and statewide collaborators
- Huntington Receives Department of Justice Crime Fighting Grant
- Precautionary Boil Water Advisory Lifted for 85 Customers in Huddleston Ave Area of Barboursville
- MILITARY-INDUSTRIAL COMPLEX: Defense Dept. Contracts for Sep. 24, 2014
- Marshall's Health Informatics program ranked No. 1 most affordable in the nation
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.