Rates Drop Again…
September 12th, 2008 categories: Real Estate News
On September 11th, Freddie Mac reported that their 30 year fixed rate mortgage averaged 5.93% for the week end, down from last week when it averaged 6.35%.
Last year at this time, the 30-year FRM averaged 6.31%.The 15-year FRM this week averaged 5.54% down from last week when it averaged 5.90%. A year ago at this time, the 15-year FRM averaged 5.97%.
For more info go to: http://www.freddiemac.com/news/mediaroom/
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