Source: Associated Press/AP Online Publication date: February 17, 2011 NEW YORK – Fixed mortgage rates inched down this week, following a dip in Treasury yields.Freddie Mac says the average rate on a 30-year fixed mortgage slipped to 5 percent from 5.05 percent last week. It hit a 40-year low of 4.17 percent in November. The…
From interest.com Interest.com’s weekly survey of major lenders, taken Feb. 9, found the average interest rate for a: 30-year, fixed-rate loan increased to 5.23% from 5.02%. Interest rates are now higher than they were at this time last year, when a 30-year loan averaged 5.15%. 15-year, fixed-rate loan jumped to 4.48% from 4.29%. A year…
Source: Associated Press/AP Online Publication date: January 13, 2011 By JANNA HERRON NEW YORK – Rates on fixed mortgages dipped for the second straight week as Treasury yields fell. Freddie Mac said Thursday the average rate on the 30-year mortgage dropped to 4.71 percent this week from 4.77 percent the previous week. It hit a…
Dreambuilder Custom Homes is happy to add two additional referrals to help its clients obtain financing for building their new custom home, or any other financing needs. Meredith Porter, branch manager, Ameris Bank Elysia Stobbe, branch manager, VanDyk Mortgage You can find out more about these contacts and others by clicking here.
By Mike Sante, Interest.com Managing Editor, interest.com Mortgage rates are starting the new year about a half point higher than the record lows reached last fall. The average cost of a 30-year, fixed-rate mortgage — the most popular type of home loan — was 5.02% in our latest survey of major lenders taken Dec. 29.…