Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
30-year mortgage rates stay steady
WASHINGTON (2/7/11)—Freddie Mac last week reported an average rate of 4.81% on 30-year mortgages, a fractional increase from the 4.8% average reported during the previous week. Thirty-year fixed mortgage rates averaged 5.01% this time last year. Fifteen-year conventional mortgage rates and five-year adjustable rates also fluctuated by a mere .01% between the week ended Feb. 3 and the week ended Jan. 27, coming in at 4.08% and 3.69%, respectively. One-year adjustable rate mortgages remained at 3.26 % for the second week straight. Freddie Mac Vice President/Chief Economist Frank Nothaft said that the rates remained stable due to improving economic news and a stable rate of inflation through the end of 2010. For the full mortgage rate survey, use the resource link.
Other Resources

RSS





print
News Now LiveWire
App puts #CUNAGAC in palms of attendees' hands #NewsNow http://t.co/piabPHIGb5
15 hours ago
App puts #cunagac in palms of #creditunion attendees' hands http://t.co/2XZC3LWw6Z
16 hours ago
Breaking at #NewsNow: @CUNA files amicus brief in Florida interchange case. http://t.co/gWSBjCtSD7
16 hours ago
What is the @NCUFoundation ? Watch this Foundation video: http://t.co/iC6XoInU7r
19 hours ago
Follow @cumagazine for even more #CUNAGAC live-action reports March 8-12 #creditunion #creditunions #UniteForGood
22 hours ago