30-year fixed mortgage rate dips this week
Posted by admin | Posted in Real Estate News | Posted on 05-03-2011
Tags: Fixed Mortgage, Week
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The average rate on the 30-year fixed mortgage dropped this week, following lower yields on Treasury bonds.
Freddie Mac said Thursday that the average rate on the 30-year loan slipped to 4.87 percent from 4.95 percent.
The average rate on the 15-year fixed home loan fell to 4.15 percent from 4.22 percent.
The rates do not include add-on fees, known as points.
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