Tidewater Real Estate Blog

February 5th, 2010 2:45 PM
Mortgage Rates Top 5%
Long-term mortgage rates climbed above 5 percent this week. According to Freddie Mac, 30-year fixed loans averaged 5.01 percent compared to 4.98 percent last week.

Here are the across-the-board averages for other mortgages:
  • 15-year fixed loans rose to 4.40 percent from 4.39 percent
  • Five-year adjustable-rate mortgages climbed to 4.27 percent from 4.25 percent.
  • One-year ARMs fell to 4.22 percent from 4.29 percent a week ago.
Posted by Brad Nichols on February 5th, 2010 2:45 PMPost a Comment (0)

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