- House Democrats trying to force unemployment insurance vote
- Sen. Claire McCaskill to tackle sex assault at college next
- Judge’s order preserves NSA surveillance records
- Refurbished Pollock masterpiece goes on display
- Iditarod becomes mad dash for Nome
- ‘Burger King baby’ now seeks birth mom on Facebook
- Study: 2 percent of Americans have new hips, knees
- Friend: Pistorius shot gun out car without warning
- States wrestle with developing, restricting drones
- Japan marks 3rd anniversary of tsunami disasters
Rate on U.S. 30-year mortgage ticks up to 3.34 pct.
WASHINGTON — Average U.S. rates on fixed mortgages ticked up this week just slightly above record lows, keeping home-buying and refinancing attractive to consumers.
Mortgage buyer Freddie Mac says the average rate on the 30-year loan ticked up to 3.34 percent, above last week’s rate of 3.32 percent. Two weeks ago, the rate dipped to 3.31 percent, the lowest on records dating to 1971.
The average on the 15-year fixed mortgage rose to 2.67 percent from 2.64 percent last week. The rate declined to 2.63 percent two weeks ago, also a record low.
Mortgage rates have been near record lows all year, helping fuel a modest housing recovery. They have fallen further since the Federal Reserve started buying mortgage bonds in September to encourage more borrowing and spending.
TWT Video Picks
By David Keene
Conference showed that the values Reagan cherished still endure
- FCC targets black conservative in TV station fight
- Hillary Clinton campaign received funds from Jeffrey Thompson
- Kim Jong-un calls for execution of 33 Christians
- President Obama goes 'Between Two Ferns' to pitch Obamacare
- Senate Democrats, Republicans spar over restoring unemployment benefits
- EDITORIAL: Senate Democrats pointless all-night global warming talkathon
- CPAC 2014: Despite Ben Carson's speech, gay marriage mostly took a back seat at CPAC
- CARNES: Kissinger's flawed and offensive analysis of Ukraine
- Bill Clinton poses for photo with Bunny Ranch prostitutes
- Hard-fought congressional election in Florida is seen as a bellwether
Pope Francis meets his 'mini-me'
Celebrity deaths in 2014
Winter storm hits states — again