Friday, August 19, 2005

Mortgage Rates Decline Nationally

Good News!! Bankrate.com's weekly national survey of large lenders showed that fixed mortgage rates declined this week after six consectutive weeks of rising rates. According to Bankrate.com, the average 30 year fixed rate mortgage decreased from 5.96 to 5.88 percent. Bankrate said that the mortgages in this week's survey had an average of 0.37 discount and origination points.

Richard

No comments:

Post a Comment

Thanks for joining in the discussion.

Richard