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mortgage rates: Great news as Mortgage rates drop! - 09/13/07 05:49 PM
The following good news is an excerpt from a CNN Money news release!
Mortgage rates dropped in the latest week, which could help home buyers who are looking to refinance, Freddie Mac reported Thursday.
The government-sponsored loan buyer said the average rate on a 30-year fixed-rate loan averaged 6.31 percent for the week ended Sept. 13, down from 6.46 percent last week.
Last year at this time, 30-year mortgage rates averaged 6.43 percent.
Freddie Mac said interest rates on prime conforming loans fell across the board in the past week, with rates on 30-year fixed mortgages averaging 0.15 percentage point below the … (0 comments)
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Duane DeSalvo
Camarillo,
CA
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Somerset International
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