MORTGAGE RATES NEWS & INFORMATION
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Friday, November 21, 2008
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LATEST MORTGAGE RATES NEWS:
Mortgage rates down - 3rd straight week
Mortgage rates fell for the third week in a row amid reports of record-high job losses, weak retail sales and a home-construction market in a deep slump. Mortgage rates drop for third week WASHINGTON | Mortgage rates dropped for a third straight week, reflecting the impact the weakening economy is having on financial markets. Mortgage rates continue to fall Mortgage rates dropped for a third straight week, reflecting the impact the weakening economy is having on financial markets. Rates on 30-year, fixed-rate mortgages averaged 6.04 percent this week, down from 6.14 percent last week, Freddie Mac reported. For 15-year, fixed loans, rates dropped to 5.73 percent from 5.81 percent. Rates on five-year, adjustable-rate mortgages fell to 5.87 percent ... Mortgage rates fall for third week in a row Mortgage rates dropped for a third straight week, Freddie Mac reported in its nationwide survey. Rates on 30-year, fixed-rate mortgages fell to 6.04 percent this week from 6.14 percent last week. It marked a sharp decline since rates hit a recent high of 6.46 percent during the week of Oct. 16. Mortgage Rates, Demand Continue Decline Mortgage rates and demand slipped in the last two weeks amid continued economic and financial tumult. U.S. mortgage rates drop for third week WASHINGTON Mortgage rates dropped for a third straight week, reflecting the impact the weakening economy is having on financial markets. Freddie Mac, the mortgage finance giant, reported yesterday that rates on 30-year fixed-rate mortgages averaged 6.04 percent this week, down from 6.14 percent last week. It marked a sharp decline since rates hit a recent high of 6.46 percent during the week of ... Mortgage rates drop for third week in a row Mortgage rates dropped for a third straight week, reflecting the impact the weakening economy is having on financial markets. Freddie Mac, the mortgage finance giant, reported yesterday that rates on 30-year, fixed-rate mortgages averaged 6.04 percent this week, down from 6.14 percent last week. |







