Rates Ease Up Slightly
Posted by Edward Pierce on Wednesday, August 12th, 2009 at 4:20pm.Rates Ease Up Slightly
August 12, 2009
Freddie Mac reports a drop in the 30-year fixed mortgage rate to 5.22 percent during the week ended Aug. 6 from 5.25 percent the prior week. Over the same period, the 15-year fixed-mortgage rate slipped to 4.63 percent from 4.69 percent. As for adjustable-mortgage rates, the five-year fell to 4.73 percent from 4.75 percent, and the one-year dipped to 4.78 percent from 4.80 percent.
[SOURCES: Freddie Mac; Information, Inc.]
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