Tweet Freddie Mac says average mortgage rates were relatively unchanged for the week amid mixed economic and consumer sentiment reports. Adjustable mortgage rates were mixed while fixed mortgage rates held steady near their 60-year lows. 30-year fixed-rate mortgages (FRM) averaged 4.11 percent with an average 0.8 point for the week ending Oct. 20, down from …
Monthly Archive: October 2011
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Third-quarter survey shows an increase in buyer activity, but prices mostly stay flat
Tweet Homebuyers pumped up the volume in the third quarter of 2011 but only a few areas of the country made any noise when it came to an increase in selling price. With mortgage rates at record lows and a drastic reduction in home prices the past few years, many potential buyers on the fence …
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