Uncategorized December 22, 2016

US mortgage rates rise to highest level in more than 2 years

Long-term U.S. mortgage rates shot up this week to the highest levels in more than two years. Investors are bidding up rates because they believe the incoming Trump administration will drive inflation and economic growth higher with tax cuts and increased government spending. Long-term mortgage rates have risen eight straight weeks. Current avg Last week […]

from The Seattle Times Real Estate – The Seattle Times http://ift.tt/2hX9met