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Thursday, December 16, 2010

Average 30-year fixed mortgage rises to 4.83 pct.

This might be already out of date.  Mortgage rates are changing, so fast bankrate.com show the 30-year at 5.19%.  
Freddie Mac said Thursday the average rate on a 30-year fixed mortgage rose to 4.83 percent from 4.61 percent in the previous week. Last month, the rate hit a 40-year low of 4.17 percent.
The average rate on the 15-year loan also increased to 4.17 percent from 3.96 percent. It reached 3.57 percent in November, the lowest level on records dating back to 1991.
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