30-Year Mortgage Rate Dips Slightly — New York Real Estate

30-Year Mortgage Rate Dips Slightly

by Raja Tayeb on January 19, 2010

Long-term mortgage interest fell for the second-straight week as the 30-year fixed rate settled at an average of 5.06 percent compared to 5.09 percent a week ago, according to Freddie Mac.

Other rates decreased as well:  Fifteen-year fixed loans dipped from 4.50 to 4.45 percent, and five-year ARMs sank from 4.44 percent to 4.32 percent.  However, rates for one-year ARMs rose to 4.39 percent from 4.31 percent


Source: Chicago Sun-Times (01/15/2010)

WP Greet Box icon

Hello there! If you are new here, you might want to subscribe to the RSS feed for updates on this topic.

–>

Check out http://www.NewYorkRealEstateAccess.com/blog for up-to-date market news!
Follow Us on Facebook: http://www.facebook.com/NewYorkRealEstateAccess
Join Us on Twitter: http://twitter.com/NYhomes4sale

Advertisements
This entry was posted in New York Real Estate. Bookmark the permalink.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s