Special offer

Mortgage Rates Still Down

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

Now going on the 11th consecutive week that the interest rates are going down.  The 30 year fixed is hitting 4.96% with 0.7 point from last weeks 5.01% with 0.6 point.  15 year is around 4.65% with 0.7 points.  The 5 year Treasury indexed ARM, adjustable rate mortgages, dropped to 5.25% and 0.6 point.  Wow, now we are hitting the 2006 rates for the ARMs...