Fixed Mortgage Rates Average 4.78% (30-Year), 3.97% (15-Year) for Week Ending 04/28/2011, Murrieta CA.
Need a new FHA home loan, or want to refinance for a lower mortgage payment? Freddie Mac shows homeloans this week averaged 4.78% for 30 year fixed rate mortgages, while 15 year fixed rate mortgages averaged 3.97%.
According to Freddie Mac, the 30-year fixed rate mortgage (FRM) averaged 4.78 percent with an average 0.7 point for the week ending April 28, 2011, down from last week when it averaged 4.80 percent. Last year at this time, the 30-year FRM averaged 5.06 percent.
The 15-year fixed rate mortgage this week averaged 3.97 percent with an average 0.7 point, down from last week when it averaged 4.02 percent. A year ago at this time, the 15-year FRM averaged 4.39 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 4.71 percent with an average 0.8 point, while the 15-year fixed rate mortgage this week averaged 3.90 percent with an average 0.8 point.
Source: Freddie Mac, April 28, 2011, available from "Mortgage Rates Fall With Latest Economic and Housing Reports"; Internet; Accessed April 28, 2011.
The information provided is deemed reliable, but is not guaranteed.
Previous ‘Fixed Mortgage Rates’ Posts:
- Fixed Mortgage Rates Average 4.80% (30-Year), 4.02% (15-Year) for Week Ending 04/21/2011
- Fixed Mortgage Rates Average 4.91% (30-Year), 4.13% (15-Year) for Week Ending 04/14/2011
- Fixed Mortgage Rates Average 4.87% (30-Year), 4.10% (15-Year) for Week Ending 04/07/2011
- Fixed Mortgage Rates Average 4.86% (30-Year), 4.09% (15-Year) for Week Ending 03/31/2011
- Fixed Mortgage Rates Average 4.81% (30-Year), 4.04% (15-Year) for Week Ending 03/24/2011
- Fixed Mortgage Rates Average 4.76% (30-Year), 3.97% (15-Year) for Week Ending 03/17/2011
- Fixed Mortgage Rates Average 4.88% (30-Year), 4.15% (15-Year) for Week Ending 03/10/2011
- Fixed Mortgage Rates Average 4.87% (30-Year), 4.15% (15-Year) for Week Ending 03/03/2011
- Fixed Mortgage Rates Average 4.95% (30-Year), 4.22% (15-Year) for Week Ending 02/24/2011
- Fixed Mortgage Rates Average 5.00% (30-Year), 4.27% (15-Year) for Week Ending 02/17/2011
Copyright ©2011 Bill Burchard
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