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while the tech-heavy Nasdaq climbed 47.88 points to 3,96915. Mortgage rates also dropped this week. According to Freddie Mac , the 30-year fixed rate fell to 4.22 percent from 4.35 percent last week. Copyright 2013 ABC News Radio
the 30-year fixed mortgage has ticked up the past two weeks, amid some signs of economic strength. Mortgage buyer Freddie Mac said last week that the average on the 30-year loan increased to 4.35 percent from 4.16 percent the previous week
billions to settle claims over mortgage investments. JPMorgan Chase will pay more than $5 billion to resolve claims from Freddie Mac and Fannie Mae. Those quasi-government agencies bought loads of investments from JPMorgan that were tied to mortgages