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Single family homes on the market. Updated weekly.Powered by Altos Research
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30-Yr. Fixed Conforming. Updated hourly during market hours.
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Fixed-Rate Mortgage

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Long-Term Rates Surpass Short-Term Rates 

Apr 23, 2009By

Mortgage rates eased in the week ending April 23, according to Freddie Mac’s [stock FRE][/stock] Primary Mortgage Market Survey released today. 30-year fixed-rate mortgages averages are 4.80%, down from last week’s 4.82% average, and well below the 6.03% average from this time last year. This week’s 15-year fixed-rate mortgage remains unchanged from last week, which hit an all-time low of 4.48% when compared to 4.54% two weeks ago. A year ago at this time, the 15-year FRM averaged 5.62%.

3d rendering of a row of luxury townhouses along a street

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