Thursday, November 19, 2009

Mortgage Rate Update

30-Year Rates Near Record Breaking Levels

15-Year FRM Drops to Lowest Ever Recorded in Freddie Mac Survey History

The 30 Year FRM averaged 4.83% with an average .7 points down from last week’s average of 4.91%. Last year at this time the 30 Year FRM averaged 6.04%. The 15 Year FRM averaged 4.32% with an average of .6 points down from 4.36%. WOW these are some great rates!!!

Get qualified today and talk to Sibcy Cline Realtor Michelle Sloan to find a great home in the northern Cincinnati area before these rates go any higher!!

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