Saturday, October 23, 2010

MORTGAGE RATES EDGE UP

From RealtorMag - Daily Real Estate News October 22, 2010

Mortgage Rates Edge Up

Interest on the 30-year fixed mortgage averaged 4.21 percent this week, up from a record low of 4.19 percent a week ago, reports Freddie Mac.

Rates for 15-year fixed loans also rose, climbing to 3.64 percent from 3.62 percent. However, the five-year adjustable-rate mortgage fell to a record low of 3.45 percent, after averaging 3.47 percent the previous week.
Source: Columbus (Ohio) Dispatch (10/22/10)