Monday, May 10, 2010

Washington Post reports: 30 year mortgage rates hit a 6 week low!

30-year mortgage rates hit six-week low












 The average rate for 30-year, fixed-rate mortgages was 5 percent this week, down from last week's average of 5.06 percent. A year ago, 30-year, fixed rate mortgages averaged 4.84 percent, Freddie Mac said.
The average rate on a 15-year, fixed-rate mortgage was 4.36 percent, down from 4.39 percent last week.
Washington Post reports:  Click Here for Full story

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