Freddie Mac just released their latest interest rates for August 30, 2012, and there was a slight change.
For 30-year fixed rates, the numbers dropped from 3.66% last week to 3.59 this week.
For the 15-year rates the numbers dropped from 2.89 last week to 2.86 this week.
What does it all mean? Very little most likely; this is just another slight adjustment as lenders try to find
that perfect balance that will lead to increased activity on the market. The rates had slowly risen over
the past couple weeks and now they are making an adjustment based on the data they have compiled.
If you would like more information on how interest rates will affect you please contact me in the form below:[contact-form-7 404 "Not Found"]