Mortgage Rates Hit 6-Week Low
April 23rd, 2014 5:06 PM

Fixed mortgage rates fell for the sixth consecutive week, Freddie Mac reported April 17 in its weekly Primary Mortgage Market Survey.

The 30-year fixed-rate dropped 0.07 percent to 4.27 percent (up from 3.41 percent a year ago). The 15-year fixed-rate fell 0.05 percent to 3.33 percent (up from 2.64 percent a year ago).

The one-year adjustable-rate rose 0.03 percent to 2.44 percent (down from 2.63 percent a year ago). The five-year Treasury-indexed decreased 0.06 percent to 3.03 percent (up from 2.60 percent a year ago).

Posted in:General
Posted by James M. Hanson on April 23rd, 2014 5:06 PMPost a Comment

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