Blame Greece’s debt crisis for contributing to the recent drop in your stock portfolio, but give it credit for something that could benefit consumers: lower mortgage rates. Last week, rates on fixed-rate mortgages fell to their lowest level this year, while rates on adjustable-rate loans dipped to a point not seen for years, according to a weekly survey by mortgage giant Freddie Mac. The average 30-year fixed-rate mortgage slipped to 4.93% last week, down from 5% the week before and down to the lowest level since early December.
Greece’s debt crisis may push down mortgage rates here
Most Popular Articles
Latest Articles
Test post for new category functionality HW+
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla in quam euismod, consectetur urna vel, placerat magna. Sed gravida, nisl eget rutrum porta, libero orci tristique neque, luctus lobortis massa felis sit amet ex. Curabitur ut dapibus enim. Fusce in placerat purus, a hendrerit tortor. Sed neque lorem, tincidunt sed magna suscipit, volutpat rutrum tellus. […]