Fixed Mortgage Rates Average 5.00% (30-Year), 4.27% (15-Year) for Week Ending 02/17/2011, Murrieta CA.
Need a new FHA home loan, or want to refinance for a lower mortgage payment? Freddie Mac shows homeloans this week averaged 5.00% for 30 year fixed rate mortgages, while 15 year fixed rate mortgages averaged 4.27%.
According to Freddie Mac, the 30-year fixed rate mortgage (FRM) averaged 5.0 percent with an average 0.7 point for the week ending February 17, 2011, down from last week when it averaged 5.05 percent. Last year at this time, the 30-year FRM averaged 4.93 percent.
The 15-year fixed rate mortgage this week averaged 4.27 percent with an average 0.7 point, down from last week when it averaged 4.29 percent. A year ago at this time, the 15-year FRM averaged 4.33 percent.
In the West (CA, AZ, NV, OR, WA, UT, ID, MT, HI, AK, GU) ), Freddie Mac noted that the 30-year fixed rate mortgage averaged 4.96 percent with an average 0.8 point, while the 15-year fixed rate mortgage this week averaged 4.21 percent with an average 0.8 point.
Source: Freddie Mac, February 17, 2011, available from "30-Year Fixed-Rate Mortgage Drops to 5 Percent"; Internet; Accessed February 17, 2011.
The information provided is deemed reliable, but is not guaranteed.
Previous ‘Fixed Mortgage Rates’ Posts:
- Fixed Mortgage Rates Average 5.05% (30-Year), 4.29% (15-Year) for Week Ending 02/10/2011
- Fixed Mortgage Rates Average 4.81% (30-Year), 4.08% (15-Year) for Week Ending 02/03/2011
- Fixed Mortgage Rates - 30-Year: 4.80%, 15-Year: 4.09% for January 27, 2011, Murrieta CA
- Fixed Mortgage Rates - 30-Year: 4.74%, 15-Year: 4.05% for January 20, 2011, Murrieta CA
- Fixed Mortgage Rates - 30-Year: 4.71%, 15-Year: 4.08% for January 13, 2011, Murrieta CA
- Fixed Mortgage Rates - 30-Year: 4.77%, 15-Year: 4.13% for January 6, 2011, Murrieta CA
- Fixed Mortgage Rates - 30-Year: 4.86%, 15-Year: 4.20% for December 30, 2010
- Fixed Mortgage Rates - 30-Year: 4.81%, 15-Year: 4.15% for December 23, 2010
- Fixed Mortgage Rates - 30-Year: 4.83%, 15-Year: 4.17% for December 16, 2010
- Fixed Mortgage Rates - 30-Year: 4.61%, 15-Year: 3.96% for December 9, 2010
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