Mortgage Update from Porter Deal, Real Estate Broker
August 22nd, 2010 Posted in city information, mortgage financing, real estate sitesGood news if you want to by buy a home.
Mortgage Rates Drop to New Lows
Fixed mortgage rates have maintained recent lows or set new ones for more than two months now, sinking to 4.42 percent on 30-year loans for the week ended Aug. 19. The rate is down from 4.44 percent last week and is the lowest ever recorded since Freddie Mac launched its survey almost 40 years ago.
The fixed 15-year average also hit a new low, at 3.9 percent; while five- and one-year adjustable-rate mortgages remained flat at 3.56 percent and 3.53 percent, respectively
For all your real estate needs in Lilburn call Porter Deal, Lilburn Realty 770-381-2489 or visit us on the web at www.Lilburnrealty.com
