Back in August 1981, the Stones had a number-one album in Tattoo You. The tour was going to be massive. To rehearse for it, they descended on the bucolic Worcester County town of North Brookfield, home to Long View Farm and its big red barn turned recording studio. At that point it was owned by Gil […]
U.S. mortgage rates are up after a 6-week decline
WASHINGTON (AP) — Mortgage rates rose this week for the first time after six weeks of declines amid signs of strong economic recovery. Average rates for home loans remain historically low, however, at under 3 percent. Mortgage buyer Freddie Mac reported Thursday that the average for the 30-year mortgage jumped to 2.87 percent from 2.77 […]
Mortgage rates fall back down to 2.9%
The average 30-year fixed-rate mortgage fell eight basis points from the week prior to 2.9%, according to data released Thursday by Freddie Mac‘s PMMS. According to Sam Khater, Freddie Mac’s chief economist, last week’s dip followed the concurrent drop in U.S. Treasury yields earlier this week. “While mortgage rates tend to follow Treasury yields closely, other factors […]
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