Mortgage rates continue climbing upward; loan applications falling
Mortgage rates continue climbing upward; loan applications falling: "WASHINGTON -- Nov. 4, 2005 -- The average rate for 30-year mortgages rose to 6.31% this week, the highest rate in 16 months, mortgage giant Freddie Mac said Thursday. A year ago, the average rate was 5.7%.
Adjustable-rate mortgages also jumped. The average rate for a 1-year ARM was 5.09% this week, highest since 5.11% in March 2002. Rates on 5-year hybrid ARMs rose to 5.76%, up from 5.03% at the beginning of the year."
posted by ErickaMyRealtor @ 11:37 AM
2 Comments:
Hi ErickaMyRealtor, I found your blog informative. While out blog surfing today for specific info on lakefront property, I ended up on your page. Your Mortgage rates continue climbing upward; loan applications falling shows that I ended up a little off base, but I am certainly glad I stopped by. I will bookmark your site for a future visit, and should you ever need it, there is plenty of information on this site about lakefront property.
Hi ErickaMyRealtor, I found your blog informative. While out blog surfing today for specific info on florida luxury golf real estate, I ended up on your page. Your site shows that I ended up a little off base, but I am certainly glad I stopped by. I will bookmark your site for a future visit, and should you ever need it, there is plenty of information on this site about florida luxury golf real estate.
Post a Comment
<< Home