The week in housing was one of great challenges, with mortgage rates cracking the 5% level while homeowners faced an uptick in property taxes and state attorneys general demanded that mortgage servicers drop their convenience fees charged to borrowers.
High-Five: Freddie Mac (OTC:FMCC) reported the 30-year fixed-rate mortgage averaged 5% on April 14, up from last week when it averaged 4.72%; one year ago, it averaged 3.04%.
