- UPDATED: Wal Mart Shots Not Terror Related
- Man Arrives at Huntington Hospital Shot in Both Legs
- Two more defendants sentenced for roles in Detroit to Huntington heroin conspiracy
- Huntington man sentenced on Federal oxycodone charge
- Donald Sutherland Warns Young People to Question Authority
- Marshall Artists Series and The Huntington Symphony Orchestra team up for Disney In Concert
- COLUMN: STEM Success in the Mountain State
- Coffee with a Cop Returns Dec. 2
- CFPB Takes Action to End Student 'Debt Relief' Scams; CFPB Warns Borrowers About Companies Charging High Fees for Free Federal Loan Repayment Programs
- PARALLEL UNIVERSE: Lincoln Electric Celebrates 81 Uninterrupted Years of Paying Employee Profit-Sharing Bonus
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.