- Police Execute Arrest Warrants, Arrest Suspect in Shooting Near Hospital
- "What the Night Can Do" begins filming in Lewisburg Sep. 26
- UPDATE: Pike County Multiple Murder Investigation; Redacted Autopsy Reports Released
- Hallowed WTC Steel Relics Arrive in Huntington IMAGES
- Marshall psychology doctoral degree ranked No. 2 in the U.S.
- Rooster's Hosts Princess Night with Mickey and Minnie Mouse IMAGES
- Council Discusses Recycling Matter That County Failed to Put on Ballot
- Hundreds of Nonprofit Organizations Join to Demand Reform of "Rogue" Agency
- Attorney General DeWine Offers Consumer Tips Following Yahoo Breach Announcement
- Nostalgic Images of Ten Forgotten Huntington Venues
FREDDIE MAC: Fixed Mortgage Rates Move Up
"Mortgage rates rose following the uptick on the 10-year Treasury note after comments by the Federal Reserve Board Chair Janet Yellen indicated a possible increase in interest rates as soon as early 2015," said Frank Nothaft, Freddie Mac's vice president and chief economist. "Also, the S&P/Case-Shiller® [PDF] 20-city composite house price index rose 13.2 percent over the 12-months ending in January 2014."
- 30-year fixed-rate mortgage (FRM) averaged 4.40 percent with an average 0.6 point for the week ending March 27, 2014, up from last week when it averaged 4.32 percent. A year ago at this time, the 30-year FRM averaged 3.57 percent.
- 15-year FRM this week averaged 3.42 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 2.76 percent.
- 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.10 percent this week with an average 0.5 point, up from last week when it averaged 3.02 percent. A year ago, the 5-year ARM averaged 2.68 percent.
- 1-year Treasury-indexed ARM averaged 2.44 percent this week with an average 0.4 point, down from last week when it averaged 2.49 percent. At this time last year, the 1-year ARM averaged 2.62 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.