Sunday, March 15, 2009

30-year fixed mortgage rate slip

Source: The Associated Press
http://www.floridarealtors.org/NewsAndEvents/n3-031309.cfm#

McLEAN, Va. – March 13, 2009 – Rates on 30-year-fixed mortgages declined this week amid reports of a weakening job market and easing concerns over inflation, Freddie Mac said Thursday.

The average rate on a 30-year fixed mortgage slipped to 5.03 percent this week from 5.15 percent last week. A year ago, the 30-year fixed-rate mortgage averaged 6.13 percent.

Full Story: http://www.floridarealtors.org/NewsAndEvents/n3-031309.cfm#

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