Goldman Sachs
predicts mortgage rates will stay low, partially due to low demand.
Don Grafues
Resource: REALTOR.org
Freddie Mac’s
weekly survey of rates shows a decline in 30 year fixed loans.
30 year fixed loans averaged 4.97 percent with 0.7 points for the week ending March 4. The week prior average was 5.05 percent and the same period a year ago was 5.15 percent.
The 15 year fixed rate was 4.33 percent, also with 0.7 points.
Don Grafues
Resource: FreddieMac
Rates on 30 year fixed mortgage rose slightly last week going above the 5 percent level. 30 year average was 5.05 percent, 15 year fixed rates were up a bit to 4.40 percent.
Don Grafues
Resource: REALTOR.org
Freddie Mac reports a slight lowering of interest rates last week.
- 30 year fixed averaged 4.93 percent.
- 15-year fixed loans slipped to 4.33 percent.
- 5-year ARM dropped to 4.12 percent.
- 1-year ARM moved to 4.23 percent.
Don Grafues
Resource: Freddie Mac & REALTOR.org
According to FreddieMac the national average 30 year fixed rate was 4.97%, down from 5.01%.
According to Zillow, the low was 4.25% in South Carolina and the high was the District of Columbia at 5.13%. The national average is obtained by surveying lenders and considering a $300,000 loan with 20% down and good credit.
Don Grafues
Resource: REALTOR.org, Zillow.com & edmondsun.com
Interest rates were virtually unchanged last week compared to the prior week.
- 30 year fixed, 5.01 percent, up from 4.98.
- 15 year fixed, 4.40 percent from 4.39.
- 1 year adjustable, 4.22 percent from 4.29.
Don Grafues
Resource: REALTOR.org
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FreddieMac weekly
mortgage survey indicates rates ended the week below 5 percent.
|
Jan 7 |
Jan 14 |
Jan 21 |
| 30 Yr Fixed |
5.09 |
5.06 |
4.99 |
| 15 Yr Fixed |
4.50 |
4.45 |
4.40 |
The par rate in Arizona is 4.75 percent. Par rate is the rate at which the borrower pays no points and the lender pays no rebate.
Don Grafues
Resource: FreddieMac
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