Tuesday, May 21, 2013
Rate on 30-year mortgage holds steady
AP Business Writer
POSTED: 08:21 a.m. HST, Sep 13, 2012
WASHINGTON » The average rate on the 30-year fixed mortgage held steady this week, staying slightly above the lowest level on record. Low mortgage rates have aided a modest housing recovery.
Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan was unchanged at 3.55 percent. In July, the rate fell to 3.49 percent, the lowest since long-term mortgages began in the 1950s.
The average on the 15-year fixed mortgage, a popular refinancing option, slipped to 2.85 percent, down from 2.86 percent last week. That's above the record low of 2.80 percent.
U.S. 30-year mortgage rate falls to record low
Rate on 30-year mortgage dips slightly
Rate on 30-year mortgage ticks up
U.S. 30-year mortgage rate stays at record 3.66 percent
Rate on 30-year mortgage declines
Average rate on 30-year loan rises slightly
Mortgage rates keep falling to record low levels
Rate on 30-year mortgage hits record low
30-year mortgage rate falls to record low
Mortgage rates fall to lowest level in six decades
I remember the days in the early 80s where the prime rate was at 21.50% and mortgage rates were at 18.50%. Courtesy of Jimmy Carter. What we are witnessing today through Obama is what Jimmy Carter's 2nd term would have looked like.
‘Soul Sessions’ feat. RootHub
