Home-mortgage rates fell this week, returning to levels seen two weeks ago, according to Freddie Mac's weekly survey of conforming rates, released on Thursday.
The 30-year fixed-rate mortgage averaged 5.07% for the week ended April 15, down from 5.21% last week. A year ago, the mortgage averaged 4.82%. The 15-year fixed-rate mortgage averaged 4.40%, down from 4.52% last week and 4.48% a year ago.
The five-year Treasury-indexed hybrid adjustable-rate mortgage averaged 4.08%, down from 4.25% last week and 4.88% a year ago. And the one-year Treasury-indexed ARM averaged 4.13%, down from 4.14% last week and 4.91% a year ago.
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2010
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April
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- Buyers Rush to Meet Tax-Credit Deadline
- Economists Outlook is Positive
- Incentive to Avoid Foreclosure
- Fannie Mae Revises Eligibility Requirements
- Cost Gap Narrows Between Buying & Renting
- Mortgage Rates Fall
- Interest in Owning a Home Remains Strong
- California's Tax Credit Monies May Go Fast
- California won't tax forgiven home debt
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April
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