October 2009 - Posts

30-Year Mortgage Rates Drop Below 5%
04 October 09 08:12 AM | The Sharon Stevens Team | (Comments Off)   

Rates on 30-year home loans dropped below 5 percent for the first time in four months, but still remained above this year's record low, Freddie Mac said Thursday. The average rate on a 30-year fixed mortgage was 4.94 percent, down from 5.04 percent Read More...