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Home Finance Loan Rates See Some Movement in Most Current Weekly Survey

November 15th, 2010 . by admin

This is some info for persons looking to find a home or re-finance a current house loan.This info could impact your monthly loan payments, so it is suggested you take a moment to read more and learn how it could have an impact you. One of the primary purchasers of mortgage loans has conducted its most recent survey of mortgage lenders. Freddie Mac released the outcome of their Primary Mortgage Market Survey® in which current mortgage rates for the 30-year fixed-rate mortgage (FRM) averaged 4.17% with an average .8 point during the week ending 11/11/2010, down from a week ago when rates for the mortgage loan program averaged 4.24 pct.. Four weeks ago, the 30-year fixed rate averaged 4.19 pct.. Interest rates for the 15-year loan program this week averaged 3.57 percent with an average 0.8 point, down from last week when rates for the home loan program averaged 3.63 percent. 4 weeks ago, the 15-year FRM averaged 3.62 pct.. Mortgage rates for the 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.25 pct. this week, with an average 0.7 point, down from the prior week when rates for the loan program averaged 3.39%. 4 weeks ago, the 5-yr. ARM averaged 3.47%. Mortgage rates for the 1-year Treasury-indexed adjustable rate loan averaged 3.26 percent this week with an average .7 point, unchanged from the former week when rates for the loan program averaged 3.26 pct.. 4 weeks ago, the 1-year ARM averaged 3.47 percent.

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