Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
30- 15-year mortgage rates rise from record lows
WASHINGTON (11/15/10)--The average rate on both 30-year and 15-year fixed-rate mortgages rose from previous record lows this week. As reported in Freddie Mac's most recent mortgage rate survey, both mortgage rate averages showed double-digit basis point increases, with 30-year mortgages averaging 4.39% and 15-year mortgages averaged 3.76%. Those mortgage rates averaged 4.17% and 3.57% last week, respectively. Both five-year and one-year adjustable rate mortgages remained low, with average rates of 3.4% and 3.26% reported. Freddie Mac Vice President/Chief Economist Frank Nothaft noted that rates on shorter-maturity loans also rose, “although by somewhat lesser amounts.” For the full release, use the resource link.
Other Resources

RSS print
News Now LiveWire
July 's Fed Bank's "FedFocus" has some interesting articles: incl cost/benefits of $1 currency 2 coin conversion ttp://tinyurl.com/nybmnhh
1 Day ago
Do you wish you were a News Now subscriber? Go here: http://t.co/7evfBSjeMx
1 Day ago
Financial education for student body key part of Altura #creditunion, UC-Riverside partnership #NewsNow http://t.co/Xp6OJd66o6
1 Day ago
.@VTcreditunions gains 200 new FB followers in just 2 wks to reach 1,000 http://t.co/I89xJcv4Jg
1 Day ago
.@CUNA is testifying on reg relief Tues,July 15 at 2 p.m. be4 Hs Fin Serv Subc. Here is the agenda and witness list: http://t.co/yBRhlmdqHt
1 Day ago