Tag Archive | "April"

30-Year-Loan Rates Slide to 5.08 Percent

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This week, the rates for 30-year home loans went down, almost meet the lowest record that has been reached over the spring.

decrease in loan rates

According to the mortgage company Freddie Mac, the average rate for a 30-year, fixed-rate mortgage was 5.08 percent, down from 5.14 percent a week earlier. Although the rates are a little higher as compared to the record low of 4.78 percent that hit in April, they are still attractive for people looking to buy a home or refinance as they are still in the low region.

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February 2012
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