A Decline in Mortgage Rates : Deborah's Real Estate and Travel Blog

Deborah's Real Estate and Travel Blog

Welcome to my blog! It's a blog about real estate served up with equal parts of information, inspiration and my travel adventures. I hope to provide the kind of information that can be useful to people active or interested in the Austin real estate market as well as anyone who may be an avid traveler like myself. Share your ideas here. I'd love to hear from you ... and hopefully make your comments into conversations. I hope it will be enjoyed by both real estate professionals and the general public alike. If you'd like to contribute to this blog, please email me at Debbie@DeBalko.net

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A Decline in Mortgage Rates

Posted at 10:11 PM, Feb. 13, 2009

Daily Real Estate News | February 13, 2009 | Share

Mortgage Rates Drop This Week
A dip in the long-term mortgage rate this week offered home owners a refinancing opportunity, according to Freddie Mac.

This week's rates:

Average interest on 30-year fixed loans fell to 5.16 percent from 5.25 percent last week.
Interest on 15-year fixed loans also declined, slipping to 4.81 percent from 4.92 percent.

Source: Charleston Post and Courier (02/13/09)

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A Decline in Mortgage Rates

Posted at 10:11 PM, Feb. 13, 2009

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