Category: Mortgage Rates
August 5th, 2011, No Comments
According to Freddie Mac’s weekly Primary Mortgage Market Survey, the national, average 30-year fixed rate mortgage fell to 4.39% this week — the lowest 30-year fixed reading since November 18, 2010.
July 1st, 2011, No Comments
The interest rate differential between fixed-rate and adjustable-rate mortgages continues to widen and has now reached historic levels. There’s never been a better time to lock an ARM.
June 16th, 2011, No Comments
Retail Sales rose for the 11th straight month in May. Excluding cars and auto parts, sales receipts climbed to $322 billion last month. It’s an all-time high and another example of the U.S. economy’s resiliency.
June 14th, 2011, No Comments
Mortgage rates have dropped 8 weeks in a row. Not even last year’s Refi Boom produced an 8-week winning streak. This season’s streak is historic.