low mortgage rates: Mortgage Rates Hit Another Low
- 05/24/12 08:05 AM
According to a weekly survey conducted by Freddie Mac, 30-year fixed mortgage rates have dropped even lower (from 3.79% to 3.78%) from last week. While the numbers may not seem like a huge dip, it's an estimated difference of $48 per month for homeowners. Rates on 15-year fixed mortgages didn't budge since last week, however they are down 3.78% from one year ago. This is great news for those looking to refinance. These record low mortgage rates together with the low home prices give hope for a recovery in the housing market. The National Association of Home Builders and Wells Fargo … (0 comments)
According to a weekly survey conducted by Freddie Mac, 30-year fixed mortgage rates have dropped even lower (from 3.79% to 3.78%) from last week. While the numbers may not seem like a huge dip, it's an estimated difference of $48 per month for homeowners. Rates on 15-year fixed mortgages didn't budge since last week, however they are down 3.78% from one year ago. This is great news for those looking to refinance. These record low mortgage rates together with the low home prices give hope for a recovery in the housing market. The National Association of Home Builders and Wells Fargo … (0 comments)
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