2011 mortgage rate: Mortgage Rates Reach Another Low for 2011 - 05/20/11 12:07 PM
For the fifth straight week, mortgage rates inched down again--this time reaching the lowest level of the year as well as lowest year-to-date. The 30-year fixed-rate mortgage averaged 4.61 percent this week, while the 15-year rate averaged 3.80 percent, Freddie Mac reports in its weekly mortgage market survey. The 30-year mortgage hasn’t reached 4.61 percent or below since December 2010. Last year at this time, it averaged 4.84 percent while the 15-year fixed-rate mortgage averaged 4.24 percent. The falling rates may be yet another lure to buyers during real estate’s traditionally prime home buying season. Owning a home has also recently been found … (0 comments)

Michael Beckham, Licensed in Arizona & California  (AmeriFirst Financial BUYorREFI Team)

Michael Beckham

Licensed in Arizona & California

Peoria, AZ

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AmeriFirst Financial BUYorREFI Team

Address: 8476 W. Thunderbird Road, Suite 202, Peoria, AZ, 85381

Office: 480-225-6699

Mobile: 623-764-3568

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