Friday, January 22, 2010
I just heard that 30-year home mortgage rates fell below to below 5%. They were at or below 5% last year and then they started to inch back up. Rates below 5% are incredible!
Rates on 15-year fixed loans also are lower. They are averaging 4.40%, compared to 4.45% last week. Adjustable-rate mortgages also fell this week.
Let me know if you want more detail on rates. I am happy to connect you with an excellent lender.
5% is very low decrease in 30 years
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