financing a home: Mortgage Interest Rates Remain Very Stable This Week
- 10/02/14 09:27 AM
Today, 10/2/2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.19% down from 4.20% last week. The average interest rate for 15 year fixed-rate mortgages was 3.36%, unchanged from 3.36% last week. A year ago the 30 year rate was 4.22%. Freddie Mac's spokesperson said, "Mortgage rates were flat to slightly down across the board as the Gross Domestic Product was revised up from 4.2 percent to 4.6 percent for the second quarter and the S&P/Case-Shiller National House Price Index was up a seasonally adjusted 0.2 percent for July and up 5.6 percent from the prior July. Pending (0 comments)
financing a home: Average Mortgage Interest Rates Rise, but Just Slightly, this Week
- 10/25/12 04:24 AM
Today, 10/25/2012, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgages was 3.41% up barely from 3.37% last week. The average interest rate for 15 year fixed-rate mortgages was 2.72%, up from 2.66% last week. A year ago the 30 year rate was 4.10%. Since mortgage rates moved little and are still incredibly low, Freddie Mac's spokesmen feel that this should continue to support the recovery of the housing market. That only makes sense. Even I refinanced my modest little house this week to get my rates down from the original 6.3%. Will make my monthly payments (principal & interest) (0 comments)
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John Elwell
You Deserve a Full-Time Agent, Not Reduced Results
Real estate news, opinions, and listings from Zephyrhills, Pasco County, Florida and the west central region of Florida in general. Licensed in Florida.