Mortgages

Mortgage Rates Continue to Rise for 3rd Straight Week

For third straight week, the average U.S. rates on 30-year fixed mortgage and 15-year fixed mortgage have continued to rise, this according to the latest report of Freddie Mac. As of August 16, according to Freddie Mac, the 30-year fixed-rate mortgage was 3.62%, an increase from last week’s average of 3.59%. However, this latest 30-year …

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Maryland’s Home Prices Rise in June 2012

The recent housing statistics of the Maryland Association of Realtors (MAR) reveal that Maryland’s average home price, median home price and home sales went up in June this year. According to MAR, the average Maryland’s home price in June 2012 was $317,659, a 6.7% increase from last year’s $297,813 average home price. Maryland’s median home …

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