Welcome to our Home, James! ® Ocean View Beach Homes & Condos Blog

We believe the California Riviera - extending along coastal San Diego and south Orange County - is the best place in the world to live!

WHO MAY POST ON THIS BLOG: We invite contractors, inspectors, lenders, title, escrow and others in fields related to real estate to post helpful articles, advice or comments to this blog. Go ahead and include reference to your website and contact information. We especially encourage enquiries from clients and prospects. Post your questions to this blog - or email or call us - and watch for a timely reply.

Remember, for anything "real estate" along the entire California Riviera from Orange County to the Mexican Border just say, "Home, James!"

SCROLL DOWN TO VIEW POSTS

* If you have a subject of interest, try SEARCH - we already have thousand posts and abundant content on home improvement and maintenance, systems, landscaping, "green" energy efficiency, tax credits and deductions, finance, insurance, and many others! Chances are good that you will find exactly what you need to know. Go ahead, Search!*

Search This Blog

Friday, October 15, 2010

30-Year Mortgage Rates Plumb New Depths

Daily Real Estate News, October 15, 2010

Freddie Mac reports that the average interest on 30-year fixed mortgages slipped to an all-time low, for the third consecutive week, to 4.19 percent.

At the same time, 15-year fixed-rate loans and the five-year adjustable-mortgage rate both also hit record lows. Rates on the former were 3.62 percent, while the latter averaged just 3.47 percent.

Source: The Wall Street Journal, Nathan Becker (10/15/10)
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)