The mortgage interest rate represents the cost of borrowing money to purchase a property. Mortgage interest rates are not fixed; that is, they fluctuate from one period of time to the next.
What’s Ahead For Mortgage Rates This Week – March 25th, 2019
Last week's economic news included readings from the National Association of Home Builders, Federal Reserve Federal Open Market Committee and a press conference by Fed Chair Jerome Powell. Sales of pre-owned homes in February were reported along with weekly readings on mortgage rates and new jobless claims.
