Friday, April 26, 2024 | The Latest Buzz for the Appraisal Industry

Mortgage Rates on New Home Purchases Remain Low

By Michael Neal The Federal Housing Finance Agency reported that contract rates on purchases of newly-built homes rose 7 basis points over the month of August 2017 to 4.01 percent. The average mortgage rate on purchases of newly built homes is 47 basis points above the low touched in October 2017. However, it remains 17 basis points below the recent high reached in… Read More ›

Via:: Mortgage Rates on New Home Purchases Remain Low

      

TOP RATED PRODUCTS

5/5