Jan 2009 - What's happening with Mortgage Rates? - 01/30/09 04:34 PM
Mortgage rates remained relatively flat this week, according to the latest weekly survey from mortgage financier Freddie Mac.
30-year fixed averaged 5.10 percent for the week ending January 29, down from 5.12 percent last week and 5.68 percent a year ago.
15-year fixed averaged 4.80 percent, unchanged from last week and five basis points below its year-ago average of 5.17 percent.
Five-year ARM inched up to 5.27 percent from 5.24 percent last week and 5.32 percent a year ago.
One-year ARM slipped two basis points to 4.90 percent, sticking below its year-ago average of 5.05 percent.
These interest rates are for … (0 comments)

 

Illinois Mortgage Lender Greg Zaccagni

Wheaton, IL

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