WASHINGTON (AP) – April 6, 2012 – The average U.S. rate on the 30-year fixed mortgage was mostly unchanged this week, as the cost of home buying and refinancing stayed near record lows. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan fell slightly to 3.98 percent from 3.99 percent last…
Interest rates on the 30-year fixed mortage remain at records lows, currently at 3.87%. This is the lowest level the rate has ever been since record-keeping began in the 1950s. Every $100,000 financed would have a payment of $470. This makes the payment on a $500,000 mortgage only $2,350. By comparison, a few years ago…
Last week the average rate on a 30-year fixed mortgage fell again to a record low of 3.88% — the eight such record in the past 12 months. Rates on 15-year fixed mortgages increased slightly to 3.17%. Now is the time to save money and build your new Dreambuilder custom home. Visit our Financing page to…
Source: Associated Press/AP Online Publication date: August 18, 2011 By DANIEL WAGNERWASHINGTON – The average rate on a 30-year fixed mortgage has fallen to its lowest level on records dating to 1971. The rate on the most popular mortgage dipped to 4.15 percent from 4.32 percent a week ago, Freddie Mac said Thursday. Its previous…
Source: Associated Press/AP Online Publication date: August 4, 2011 By DANIEL WAGNERWASHINGTON – The average rate on a 15-year fixed mortgage has fallen to its lowest level in decades. The rate for the popular refinancing option dropped to 3.54 percent this week from 3.66 percent last week, Freddie Mac said Thursday. That’s lowest result since…