Florida Mortgage Trends

It's time to Buy or Refi - The window is Open!

November 22nd, 2009 10:24 PM by Scott Bray

The interest rate on 15-year fixed-rate mortgages (FRM) set another record low this week, according to information released this morning by Freddie Mac.

The Primary Mortgage Market Survey for the week ended November 19 showed rates down across the board, with the 15 year FRM averaging 4.32 percent, the lowest rate since Freddie Mac began tracking the mortgage in 1991.  Last week the 15-year averaged 4.36 percent.  Fees and points were unchanged at 0.6 point.

The 30-year FRM averaged 4.83 percent with 0.7 point, down from the average of 4.91 percent also with 0.7 point a week earlier.

Info above as of 11/19/2009.  Call us at AmeriBest Mortgage for updated rates and lower than these average rates.  Reach us at (321) 777-7277.

Posted in:General
Posted by Scott Bray on November 22nd, 2009 10:24 PM


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