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Mortgage Rates Drop again

By
Real Estate Agent with Neighborly Realty

Hi Neighbors,

Here's a report from the Pittsburgh Post-Gazette.  "Long-term mortgage rates remain near record lows, despite rising slightly this week. Freddie Mac reported that average interest on a 30-year fixed loan was 5.14 percent, up from 5.12 percent a week ago.

Rates for 15-year home loans, meanwhile, rose to 4.58 percent from 4.56 percent last week."

Source: Pittsburgh Post-Gazette (08/28/09)

Good news for home owners getting a new mortgage or planning to re-fi.

Jeff
Neighborly Realty

Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

This is great news for those in the market. It is good for our buyers to know what is happening in the market. Thanks for sharing.

Aug 29, 2009 07:50 AM