Current Mortgage Rates are the Lowest this Year - 2011

By
Services for Real Estate Pros with Property Services & Short Sale TC

   The home loan interest rates on a traditional 30 YR fixed rate has been falling for the past month making it the lowest so far in 2011.  Freddie Mac has posted that the average rate was 4.61% this past week, which even happens to be the lowest rate in the past 6 months.  Even the 15 YR fixed rates loans were down this week.

Freddie Mac Rate Averages

30 year fixed: 4.61% w/ 0.7 of a points

15 year fixed: 3.80% w/ 0.7 of a points

5 year adjustable-rate mortgage: 3.48% w/ 0.6 of a points

1 year adjustable-rate mortgage: 3.15% w/ 0.6 of a points

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Rainmaker
368,048
Jon Quist
LONG REALTY - Tucson, AZ
Tucson's BUYERS ONLY Realtor since 1996

Yes, current rates are very low. Now if we can just match up those rates with eager buyers?

May 21, 2011 11:26 PM #1
Rainmaker
708,030
Patrick White
Home Driven Realty, Inc - Baldwin, NY
Put our 28 years experience and technolgy to work

Good Evening John

Thanks for the post. have a great day.

May 21, 2011 11:37 PM #2
Rainmaker
500,539
Harrison K. Long
Evergreen Realty HomeSmart - Irvine, CA
REALTOR , GRI, Broker associate, Attorney

John ... It is amazing and good that mortgage loan rates are now at their low point and best for home buyers during 2011.

Jun 26, 2011 12:26 PM #3
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Rainmaker
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John Kim

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