LA Times-The increase in mortgage rates from 4.99% last week to 5.08% this week left fixed rates at their highest level since the first week of this year, Freddie Mac economist Frank Nothaft said. Please read full article below.
MORTGAGE RATES JUMP BACK ABOVE 5%, FREDDIE MAC REPORTS
Article #2-With home prices stabilizing and an economic recovery beginning to take hold, the hope is that private investors will filter into the market. Please read full article below. AS FED’S MORTGAGE PURCHASES END, EYES TURN TO INVESTORS