Tuesday, October 23, 2007

Current Rates

We’re starting to see people coming back into the market because of the record number of listings available and owners becoming more flexible with qualified buyers. With the latest cuts in the discount rates, 30 year mortgage rates are stabilizing in the 6.4% range

Mortgage Rates

30 Year Fixed: 6.40%

15 Year Fixed: 6.08%

1 Year Adj: 5.76%

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