http://www.ascensionrealestateappraisers.com/ – Ascension Parish Homes (Prairieville, Gonzales, Sorrento, Geismar and Saint Amant) Mortgage Rates Drop This July 2009 Week
According to the Friday NAR Realtor Email, Mortgage Rates Dropped This Past Week.
“Interest on 30-year fixed mortgages, 15-year fixed loans, five-year adjustable-rate mortgages, and one-year ARMs all fell this week, according to Freddie Mac.
The average on 30-year financing slipped to 5.2 percent from 5.32 percent a week ago. The 15-year mortgage declined to 4.69 percent, down from 4.77 percent.
Five-year ARMs were down to 4.82 percent from 4.88 percent.
One-year ARMs fell to 4.82 percent from 4.94 percent.
Source: Los Angeles Times (07/10/09)”
The Link is at: http://www.realtor.org/RMODaily.nsf/pages/News2009071004?OpenDocument