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Loan Modification

: Loan Modification & Home Loan News

Average rate on 30-year mortgage dips to 5 percent

By Moe Bedard

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(Source: Associated Press/AP Online By JANNA HERRON) NEW YORK – Fixed mortgage rates inched down this week, following a dip in Treasury yields. The average rate on a 30-year fixed mortgage slipped to 5 percent from 5.05 percent last week, Freddie Mac said Thursday. It hit a 40-year low of 4.17 percent in November. The [...]

Full post as published by Loan Modification & Home Loan News on February 17, 2011 (boomark / email).

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