Hi Folks,
Rates on 30-year, fixed-rate mortgages averaged to 6.31 percent from 6.46 % and the rates on 15-year, fixed-rate mortgages, a well-liked choice for refinancing, averaged to 5.97 percent this week, up from 6.15 % last week.
Five-year, adjustable-rate mortgages averaged 6.17 percent, up from 6.32 percent and the rates for One-year, adjustable mortgages were the only category to show a decline, dipping to 5.66 percent from 5.74 percent last week.
Cheers
Samantha
mortgages_expo@yahoo.com
Nationwide Mortgage Loans