Archive for the ‘Mortgage Rates’ Category

Mortgage Rates Lower Slightly This Week
May 8, 2008

After oscillating up and down in the first few months of the year, mortgage rates have finally dipped. According to the Bankrate.com national survey of large lenders: Benchmark 30-year fixed-rate mortgage fell 3 basis points to 6.13%. Benchmark 15-year fixed-rate mortgage remained at 5.71%. Benchmark 5/1 adjustable-rate mortgage dropped 9 basis points to 5.87%. (A [...]

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