Category: Mortgage Rates

Mortgage Rates Make New 2011 Lows

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.

5-Year ARM Falls To Historic Lows

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.

Mortgage Rates Surge On May Retail Sales Figures

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.

Is This The Start Of A Refi Boom? Mortgage Rates Fall For 8 Straight Weeks.

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.

Memorial Day Messes With Mortgage Rates

May 24th, 2011, No Comments

Mortgage rates across the state are near year-to-date lows, but locking them in this week may be difficult.

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