Nesting In Nashville Real Estate Blog

30-Year Mortgage Rates Fall Below 5%

30-Year Mortgage Rates Slide Below 5%
Long-term mortgage rates fell for the third straight week, pushing the average rate on 30-year fixed home loans below 5 percent again, according to Freddie Mac.

This week, average interest on 30-year mortgages was 4.99 percent, compared to 5.06 percent last week and 5.16 percent a year ago.

Rates on 15-year fixed loans also followed bond yields lower, averaging 4.40 percent, compared to 4.45 percent last week; and adjustable-rate mortgages also fell this week.

Source: Los Angeles Times, E. Scott Reckard (01/22/10)

Related posts:

1. Rates Remain Low, Don’t Move Much Freddie Mac reports that mortgage rates continued to drift higher...
2. Interest Rates Down Slightly Home-loan rates remained near three-month lows this week and dipped...
3. Interest Rates Nearing All Time Low Thirty-year fixed mortgages moved closer to the all-time low of...
4. Rates at Record Lows! Freddie Mac released the results of its Primary Mortgage Market...
5. Rates Move Up from Record Lows Interest on 30-year fixed mortgages rose to 4.81 percent last...

Related posts brought to you by Yet Another Related Posts Plugin.