Wednesday, November 3, 2010

Interest Rates

30 YEAR FIXED MORTGAGE RATE REMAINS STEADY; CURRENT 39 YR FIXED RATE IS 4.14%
MORTGAGE RATES for 30-year fixed mortgages remained unchanged from last week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.14 percent.
The 30-year fixed mortgage rate peaked at 4.23 percent on Wednesday, then steadily declined and hovered near 4.13 percent for the remainder of the week.
Additionally, the 15-year fixed mortgage rate on Tuesday morning was 3.6 percent and for 5/1 ARMs, the rate was 2.96 percent.
What are the rates right now? Check Zillow Mortgage Marketplace for up-to-the-minute mortgage rates for your state.
Email me if you have any real estate needs or questions.  eplash@verizon.net