Tidewater Real Estate Blog

February 13th, 2009 2:35 PM
Mortgage Rates Drop This Week
A dip in the long-term mortgage rate this week offered home owners a refinancing opportunity, according to Freddie Mac.

This week's rates:
  • Average interest on 30-year fixed loans fell to 5.16 percent from 5.25 percent last week.
  • Interest on 15-year fixed loans also declined, slipping to 4.81 percent from 4.92 percent.
Posted by Brad Nichols on February 13th, 2009 2:35 PMPost a Comment (0)

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