(AFX UK Focus) 2010-04-22 15:15 US 30-year mortgage rate flat at 5.07 pct-Freddie
Friday, April 30th, 2010(AFX UK Focus) 2010-04-22 15:15 US 30-year mortgage rate flat at 5.07 pct-Freddie
NEW YORK, April 22 (Reuters) – The average 30-year fixed mortgage rate was unchanged in the past week, home funding company Freddie Mac said, to hover just above 5 percent in the final days of federal home buyer tax credits. The average rate stayed at 5.07 percent in the week ended April 22, which was down from the year’s high of 5.21 percent earlier this month.
UK Borrowers Paying Too Much for Life Insurance from their Banks
Some high street banks are charging borrowers twice as much for life insurance as they would pay if they bought independently.