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Interest rates are low!!

30- and 15-Year Rates Move Down
Home-mortgage rates fell this week along with bond yields, according to Freddie Mac. The 30-year fixed-rate mortgage averaged 4.72 percent, down from 4.79 percent a week ago; while rates on 15-year fixed-rate mortgages fell to another record low of 4.17 percent from 4.2 percent.

Also, the five-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.92 percent, down from 3.94 percent last week. Finally, one-year Treasury-indexed ARMs fell to a new six-year-low of 3.91 percent, compared with 3.95 percent a week ago.

Contact Michael Dunn, Realtor for all of your Real Estate needs!! No matter if you are just curious about values or you are ready to go out and buy a home this weekend!! Dont hesitate to contact!! AbqDunn@gmail.com (505) 379-5849

Posted by Michael Dunn @ 3:23 PM on 06/11/2010
Tags: Buying your Home
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