Thursday, February 4, 2010

Long Term Mortgage Rates.. Stable and Low

McLEAN, VA -- Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.01 percent with an average 0.7 point for the week ending February 4, 2010, up from last week when it averaged 4.98 percent.  Last year at this time, the 30-year FRM averaged 5.25 percent.
The 15-year FRM this week averaged 4.40 percent with an average 0.7 point, up slightly from last week when it averaged 4.39 percent. A year ago at this time, the 15-year FRM averaged 4.92 percent.

For a local northern Cincinnati area referral to qualified mortgage brokers contact Sibcy Cline Realtor Michelle Sloan.

http://www.sloansellshomes.com/

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