30-year mortgage rates hit yearly low: Zillow - Puget Sound Business Journal (Seattle):
A 30-year fixed mortgage rate fell to the lowest rate since April 2008, according to Zillow.com, which was when the Seattle online real estate company began tracking mortgage rates.
Zillow officials said the weekly average rate that borrowers were quoted nationally last week fell 6 basis points to 4.69 percent, down from 4.75 percent the previous week. Rates for 15-year fixed mortgages fell to 4.23 percent from 4.25 percent the week earlier and five-for-one adjustable rate mortgages rose to 3.69 percent from 3.68 percent in the past week.
In Washington state, the average 30-year fixed rate mortgage quote fell to 4.66 percent from 4.73 percent the previous week.
Tuesday, November 24, 2009
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