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Friday, August 28, 2009

Mortgage Rates Still Near Record Lows

From Realtor Magazine Online, Daily Real Estate News August 28, 2009

Long-term mortgage rates remain near record lows, despite rising slightly this week. Freddie Mac reported that average interest on a 30-year fixed loan was 5.14 percent, up from 5.12 percent a week ago.

Rates for 15-year home loans, meanwhile, rose to 4.58 percent from 4.56 percent last week.

Source: Pittsburgh Post-Gazette (08/28/09)
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