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Weekly Mortgage Rates-November 17th, 2008

By
Real Estate Agent with Re/max Gold Realty Inc., Brokerage

Term    Bank Posted Discount Rates
6 Month     6.35%       5.75%
1 Year       6.35%       4.35%
2 Year       6.55%       5.35%
3 Year       7.04%       5.35%
4 Year       7.04%       5.50%
5 Year       7.20%       5.25%
7 Year       7.65%       6.00%
10 Year     8.30%      6.45%
Variable Rate 5.00% (Prime +1%)

Rate Are Subject to Change Without Notice. Some Conditions Apply.

Five Years Fixed Is Good, however, would like see some more drop in the interest rates from the lenders in the near future, hopefully.....

What do you all say...?

 

 

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