After six increases, mortgage rates down this week

Mortgage rates are still near historic lows

June 21, 2013 at 7:48PM
... Shorewood
Built in 1967, this three-bedroom, three-bath house has 2,496 finished square feet and features three bedrooms on one level, remodeled kitchen with cherry cabinets and granite countertops, stainless steel appliances, slate and hardwood floors, two fireplaces, full finished basement, patio and deck. Listed by the Zinn Family Realtors, Coldwell Banker Burnet, 952-474-4444.
... Shorewood Built in 1967, this three-bedroom, three-bath house has 2,496 finished square feet and features three bedrooms on one level, remodeled kitchen with cherry cabinets and granite countertops, stainless steel appliances, slate and hardwood floors, two fireplaces, full finished basement, patio and deck. Listed by the Zinn Family Realtors, Coldwell Banker Burnet, 952-474-4444. (The Minnesota Star Tribune)
(The Minnesota Star Tribune)

After six weeks of increases, mortgage interest rates dipped this week, according to several weekly surveys. Freddie Mac's Primary Mortgage Market Survey shows that the 30-year fixed-rate mortgage (FRM) averaged 3.93 percent (with 0.8 point) for the week ending June 20.

That's down ever-so-slightly from 3.98 percent the week before. Looking for a shorter term? The 15-year FRM averaged 3.04 percent (with 0.7 point), down from 3.10 percent the prior week.

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