For 11 Wks,30 Year Fixed Rates Holding At Record Lows..

Real Estate Broker/Owner with Realty Empire Incorporated


The 30-year fixed-rate mortgage, has been below 4 percent for the past 11 weeks..


Here’s the scoop on mortgage rates for the week ending Feb 16:


·         30-year fixed-rate mortgages: averaged 3.87 percent, with an average 0.8 point, matching last week’s average. A year ago at this time, 30-year rates averaged 5 percent. 

·         15-year fixed-rate mortgages: averaged 3.16 percent, with an average 0.8 point, also matching last week’s average. Last year at this time, 15-year rates averaged 4.27 percent. 

·         5-year adjustable-rate mortgages: averaged 2.82 percent this week, with an average 0.8 point, dropping slightly from last week’s 2.83 percent average. Last year, 5-year ARMs averaged 3.87 percent. 

·         1-year ARMs: averaged 2.84 percent, with an average 0.6 point, rising from last week’s 2.78 percent average. A year ago at this time, 1-year ARMs averaged 3.39 percent. 

Source: Daily Real Estate News | Friday, February 16, 2012


Posted by


Stephanie Leon

Real Estate Broker
Realty Empire

6625 Miami Lakes Dr.
Miami Lakes, FL 33014

Contact me at:






All Rights Reserved. Copyright 2010-2018 Stephanie Leon Realty Empire 

Comments (1)

Winston Heverly
Winston Realty, Inc. - Atlantis, FL

It's to bad those rates can't convert all those rates in my credit cards. That would help to solve a lot of the nations problems.

Feb 17, 2012 10:18 AM