Monday, January 11, 2010
There has been slight reduction in interest rates of long term mortgages this week, after rising in the four previous weeks. 30 -year fixed mortgage rates averaged 5.09 percent, down from 5.14 percent a week ago.
Other mortgage rates are as follows:
- 15-year, fixed loans fell 0.4 percent to 4.5 percent.
- Five-year adjustable-rate mortgages stayed flat.
- One-year ARMs declined 0.03 percent to 4.31 percent.
Other mortgage rates are as follows:
- 15-year, fixed loans fell 0.4 percent to 4.5 percent.
- Five-year adjustable-rate mortgages stayed flat.
- One-year ARMs declined 0.03 percent to 4.31 percent.



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