The 30 year fixed mortgage rate moved a tad closer to 4.875% this afternoon.
After the benchmark yield started the day up, as high as 3.6, it sunk with the Dow in the afternoon settling in at 3.49 to finish the day.
30 year fixed mortgage rates stayed as low as 5%, 15 year fixed mortgage rates as low as 4.5%.
The 5/1 ARM has been gaining popularity reports Freddie Mac. It's rate is currently as low as 3.75% with no buy down points.
Buy down points are used to pay down the interested rate and are in addition to normal points and fees.
After the benchmark yield started the day up, as high as 3.6, it sunk with the Dow in the afternoon settling in at 3.49 to finish the day.
30 year fixed mortgage rates stayed as low as 5%, 15 year fixed mortgage rates as low as 4.5%.
The 5/1 ARM has been gaining popularity reports Freddie Mac. It's rate is currently as low as 3.75% with no buy down points.
Buy down points are used to pay down the interested rate and are in addition to normal points and fees.
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