What’s Ahead For Mortgage Rates This Week – July 1, 2013
The past week was active for economic news and mortgage rates. The aftermath of the Fed's indication that it may start dialing back its multi-billion dollar monthly purchases of Treasury and mortgage backed securities has sent mortgage rates to record highs. If you're thinking of buying a home, this may be one last chance for finding the best deal on mortgage rates; meanwhile, home prices continue trending up as well. Here's the scoop on last week's activity affecting real estate markets: Tuesday's Case-Shiller Composite Indices for April demonstrate the momentum of recovery in many housing markets. As of April, national…