Friday, June 26, 2009

30 Year fixed interest rates on the rise this week!

Rates for 30-year home loans edged up this week to 5.42 percent, up from 5.38 percent a week earlier, mortgage company Freddie Mac said Thursday.
The average rate on a 15-year fixed-rate mortgage fell to 4.87 percent, down from 4.89 percent last week, according to Freddie Mac.
Rates on five-year, adjustable-rate mortgages averaged 4.99 percent, up from 4.97 percent a week earlier. Rates on one-year, adjustable-rate mortgages fell to 4.93 percent from 4.95 percent.
If you are thinking of buying…now is the time to do it! We can help you on the path towards home ownership. Give us a call today.

We look forward to assisting you with all your real estate needs.