Search This Blog

Friday, April 13, 2012

15-Year Fixed Rate Mortgage Hits New All-Time Record Low

[From Realty Times this morning]

In Freddie Mac's results of its Primary Mortgage Market Survey®, average fixed mortgage rates declined for the third consecutive week on the heels of a weaker than expected employment report. The 30-year fixed averaged just above its record low while the 15-year fixed averaged a new all-time record low of 3.11 percent breaking its previous low of 3.13 percent on March 8, 2012.
Full Story:

No comments:

Post a Comment