Rate on 30-year fixed mortgage fell to 4.78%

Source: Associated Press/AP Online
Publication date: April 28, 2011

By JANNA HERRONNEW YORK – Fixed mortgage rates dipped this week, with the rate on the 30-year loan staying under 5 percent and the 15-year loan falling below 4 percent.

Freddie Mac said Thursday the average rate on the 30-year loan fell to 4.78 percent from 4.80 percent the previous week. It hit a 40-year low of 4.17 percent in November.

The average rate on the 15-year fixed mortgage slipped to 3.97 percent from 4.02 percent. It reached 3.57 percent in November, the lowest level on records dating back to 1991.

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Internet Plan of the Week: A Mixed-Use Project

This week’s Internet Plan of the Week was recently published in Florida Homebuilder magazine and is a ‘small-scale mixed-use’ project on Long Boat Key, FL by architect Donald Evans.  A mixed-use project is one that mixes several property uses together, such as, in this case, residential and commercial, with the commericial further being broken down…

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Rate on 30-year fixed mortgage rises to 4.91%

Source: Associated Press/AP Online Publication date: April 14, 2011 NEW YORK – The rate on the 30-year fixed mortgage rose for the fourth straight week, but still remains below 5 percent.Freddie Mac says the average rate on the 30-year loan rose to 4.91 percent from 4.87 percent the previous week. It hit a 40-year low…

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