Higher Rates Haven't Slowed Home Prices

Mortgage rates have fallen by half a point since peaking in late June, according to Freddie Mac. Still, the average 30-year fixed rate remains 2 1/2 points higher than it was at the same time last year, which continues to pour cold water on the once-sizzling housing market. Here are the current fixed and adjustable mortgage rates, as of July 28: Read Full Article »