JIM CHAPMAN... "THE MAN ON THE MOVE"... MARKET UPDATES
Sunday, August 18, 2013
Fannie Mae rates 1 point higher this year vs. last
Last week, Fannie Mae mortgage rates were at 4.04% up form 3.03% a year ago. Rates have been holding steady, moving in a narrow range just about 4%. These are still a very attractive rate compared to historical interest levels.
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