Daily Digit: No For 6% Mortgage Rate - Presented by: The Aol. On Network

The Daily Digit is 6 percent. That's the mortgage interest rate at which the majority of consumers would be discouraged from buying a new home according to a new survey from online real estate data website Trulia. Rates have been on the rise, and mortgage applications on the decline. Thirty year rates now are up to an average 4.68 percent, after rising again in the last week, according to the Mortgage Bankers Association. Refinancing activity is at its lowest since early July of 2011.



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As of 7/10/2014, 02:09 PM
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