5year arm: MORTGAGE RATES SLIGHTLY UP
- 10/29/10 07:06 AM
According to Freddie Mac, 30 year fixed rates rose just slightly to 4.23% this week from 4.21% last week. 15 year fixed rates also came up a bit to 3.66% (3.64% a week ago), although the 5-year ARM fell to 3.41% from 3.45% a week ago, while the one year ARM is unchanged at 3.30%. According to Freddie Mac's Chief Economist Frank Nothaft the flat rates are mostly due to the mixed economic data released this week
Art & Brigitte Shultz www.TheShultzTeam.com info@theshultzteam.com
According to Freddie Mac, 30 year fixed rates rose just slightly to 4.23% this week from 4.21% last week.
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