My New Blog

Rates Drop Slightly
August 26th, 2008 7:24 AM
Rates Drop Slightly

Freddie Mac reports a drop in the 30-year fixed mortgage rate to 6.47 percent during the week ended Aug. 21, down from 6.52 percent during the prior three weeks. Meanwhile, the 15-year fixed mortgage rate slipped to 6 percent from 6.07 percent a week ago. Over the same period, the five-year adjustable mortgage rate fell to 5.99 percent from 6.02 percent, and the one-year ARM rose to 5.29 percent from 5.18 percent.

[SOURCES: Freddie Mac; Information, Inc.]

Posted by Greg Renfrow on August 26th, 2008 7:24 AMPost a Comment (0)
Recent Posts:
Archive:
My Favorite Blogs:
Sites That Link to This Blog:

First National Realty, Inc. 6423 Summer Gale Drive Memphis, TN 38134
Phone: Cell: Fax:

Contact Greg | Free Home Valuation | Testimonials | Closing Costs | First Time Buyers | Home Buyer Checklist | Information For Buyers | Selling Your Home | Home | Applying for a Loan | 9 Steps to Owning | Buying Foreclosures/REO's | My Blog

Copyright © 2010 First National Realty, Inc.
Portions Copyright © 2010 a la mode, inc.
Another XSite by a la mode, inc. | Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.