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Posts Tagged ‘30 year’

Mortgage Rates Trend

Mortgage rates have been falling over the past few weeks. Here is a brief snapshot of how rates have been since the beginning of this year (data source: Freddie Mac):

It’s rather interesting that the 5/1 ARM was hovering between the 30 year and 15 year rates earlier this year and has recently returned to a [...]

30 Year Fixed Mortgage Rates Fall Well Below 6.00%

I’m sure you’ve all heard by now that 30 year mortgage rates are at a two year low. It’s not too late for Phoenix area borrowers to take advantage of the recent decline. This is a great time for those in adjustable rate mortgages to think about refinancing. The last time rates were this [...]