Mortgage Loan Rates at Four-Month Lows

By Qiong (June) ZhangNo Comments

http://finance.yahoo.com/news/mortgage-loan-rates-four-month-112016529.html

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications last Wednesday morning, noting a decrease of 0.6% in the group’s seasonally adjusted composite index. Mortgage loan rates dropped across the board last weeks.

The average mortgage loan rate for a conforming 30-year fixed-rate mortgage decreased from 4.46% to 4.39%. The rate for a jumbo 30-year fixed-rate mortgage fell from 4.51% to 4.43%. The average interest rate for a 15-year fixed-rate mortgage fell from 3.53% to 3.51%. All three loan types have fallen to their lowest levels since June.

The contract interest rate for a 5/1 adjustable rate mortgage loan remained unchanged at 3.25%.

详细历史记录请参看:Rates History

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