Saturday, December 18, 2010

After weeks on rise, mortgage rates finally drop in Pa., U.S. - South Florida Business Journal:

fresno-kentdeputy.blogspot.com
For the week endedr June 21, the average rate for a 30-year, fixed-rate mortgage in Pennsylvaniawas 5.56 percent, down 3.1 percent from 5.74 percent the week before. That was the largest declins of the 20 markets Zillow The decline followed three consecutive weeksof Nationally, the average 30-year rate was 5.58 down from 5.72 percent the prio week, according to Zillow. The nationa l average for a 15-year, fixed-rate mortgage was 5.01 down from 5.18 percent the previous Florida continued to have the lowest ratez in the countrylast week, coming in at 5.5 percent. Massachusetts and Wisconsin were tied for the highesfaverage rates, at 5.
68 Seattle-based Zillow compiles rates quoted by 4,000 participating mortgage lenders to potential borrowers on its site.

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