The benchmark 30-year fixed-rate mortgage fell 10 basis points, to 5.7 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point. The mortgages in this week's survey had an average total of 0.48 discount and origination points. One year ago, the mortgage index was 6.53 percent; four weeks ago, it was 5.65 percent.
The benchmark 15-year fixed-rate mortgage fell 9 basis points, to 5.07 percent. The benchmark 5/1 adjustable-rate mortgage fell 9 basis points, to 5.17 percent.
Read More at Bankrate.com
8 comments:
Very nice article....
___________________
Smarry
For 3 Months Enjoy Free 28 Premium Movie Channels
Hi, nice stuff, the information you show in your post is useful for everyone and is really good written.
great information and nice blog.....
We're working hard to become the place to go for people moving country. If you have ideas or want to get involved, we are always looking for new people and partners to join our network – get in touch!
Great news in the mortgage industry, amazing post as usual
Great! Because of recession things had changed. Now it's ok. It's right time to invest in
Foreclosure Homes.
There are several reasons for this constant change in mortgage rates . If you are looking for mortgage loans in the market you will soon find various mortgage news and, if you have not found one yet. Mortgage News2 gives you current information on mortgage news mortgage rates, Mortgage loan, and real estate’s including commercial and residential loan.
mortgage news
Challenge ourselves to be one of the best in Property Investment Portfolio. We shall do this to push ourselves to the limits and to try and achieve our goals for the future. Do what is best for our business to achieve our goals and to achieve the things that we want as fast as possible.
http://investments-in-real-estate-australia.blogspot.com/2013/08/property-invesments.html
Post a Comment