30-Year Rate Just Over 5 Percent
The 30-year fixed mortgage rate stayed flat this week, averaging 5.07 percent to remain near historically low levels, reported Freddie Mac.
Here’s how other rates performed:
• 15-year fixed loans fell to 4.39 percent from 4.4 percent last week.
• Five-year hybrid adjustable-rate mortgage averaged 4.03 percent, down from 4.08 percent.
• One-year ARMs rose to 4.22 percent from 4.13 percent last week.
Source: Wall Street Journal, Nathan Becker (04/23/10)
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Mortgage Rates Dip Slightly
The 30-year fixed mortgage rate dropped to 5.22 percent during the week ended Aug. 6 from 5.25 percent the prior week, Freddie Mac reports.
Over the same period, the 15-year fixed-mortgage rate slipped to 4.63 percent from 4.69 percent.
As for adjustable-mortgage rates, the five-year fell to 4.73 percent from 4.75 percent, and the one-year dipped to 4.78 percent from 4.80 percent.
Source: Los Angeles Times (08/07/09)
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