30-Year Rates on Home mortgages in Colorado Inch Up Slightly for the Week
After eight weeks of declines, the average 30-year fixed-rate mortgage, a popular choice among home buyers, edged up this week but still remains low by historical standards. Meanwhile, the 15-year mortgage continued to reach new lows for the year. Freddie Mac reports in its weekly mortgage
Here's how mortgage rates in Denver fared for the week.
A 30-year fixed-rate mortgage averaged 4.50 percent, up just slightly from last week's 4.49 percent.
Last year at this time, the 30-year rate mortgage averaged 4.75 percent.
A 15-year fixed-rate mortgage averaged 3.67 percent for the week, which is down from last week's3.68 percent. That marks its lowest level since…