Welcome to the ViewAndSearch.com Blog

2011-03-11 18:30:09
30-Year Mortgage Rates Hold Steady This Week

Mortgage rates continued to hold steady below 5 percent this week, according to Freddie Mac’s weekly mortgage market survey.

'Interest rates for 30-year fixed-rate mortgages have averaged at or below 5 percent in every week but one this year, contributing to record home affordability,” says Frank Nothaft, Freddie Mac’s chief economist.

Here are how rates fared for the week:

- 30-year fixed-rate mortgages: averaged 4.88 percent, up just slightly from last week’s 4.87 percent. Last year at this time, the 30-year mortgage rate averaged 4.95 percent.

- 15-year fixed-rate mortgages: averaged 4.15 percent, holding at the same as last week’s average. Last year at this time, the 15-year fixed-rate mortgage stood at 4.32 percent.

- 5-year adjustable-rate mortgages: averaged 3.73 percent this week, up slightly from last week’s 3.72 percent. A year ago at this time, the 5-year adjustable-rate mortgage averaged 4.05 percent.

'Mortgage rates held steady amid a strong employment report,” Nothaft says. The private sector added 222,000 jobs in February--the most since March 2006. The unemployment rate also fell to its lowest share since April 2009 at 8.9 percent.

Source: “30-Year Fixed-Rate Mortgage Holds Steady at 4.88%,” Freddie Mac (March 10, 2011)

Provided by,

Doug Spiers / Associate Broker / Global Choice Real Estate / 801-726-7173

Blog Archive
2016-05-12 10:27:02
Where is Housing Headed for the Rest of 2016?

2016-05-11 07:31:59
Something home sellers need to consider

2016-05-10 16:44:34
Mortgage Rates Remain at Historic Lows

2016-05-09 14:08:28
4 Reasons to Move Up to Your Dream Home This Sprin

2016-05-06 07:23:41
Best Long-Term Investment

2016-02-02 16:49:28
No Matter Which Groundhog You Listen To...

2016-01-29 14:35:49
Existing Home Sales Bounce Back

2015-12-09 08:46:15
Real Estate News You Need to Know Wed. 12/9/15

2015-12-03 08:11:23
2016 Home Prices and Rates?

2015-10-16 10:43:16
2016 Home Prices?

2015-10-15 12:27:38
Rental Repairs?

2015-10-15 12:24:39

2015-10-13 07:15:49
New Home Sales Surge

2015-10-07 10:35:23
30-Year Fixed Mortgage Rates Fall to 5-Month Low;

2015-07-29 07:20:05
What you need to know today.

2015-07-22 13:45:39
Rates Today July 22,2015

2015-01-08 07:32:51
Mortgage Rates Hit 19-Month Low

2014-12-24 10:04:16
30-Year Fixed Mortgage Rate Up From 19-Month Low;

2014-09-02 18:21:41
30-Year Fixed Mortgage Rates Drop

2014-08-31 08:55:58
Housing Market Looking Up

2014-08-22 21:25:38
US housing recovery appears to be back on track

2014-07-08 08:16:44
4 in 10 US households use cellphones only

2014-06-30 12:51:26
Pending Home Sales Surge 6.1%

2014-04-29 18:07:58
Pending Home Sales 4/28/14

2013-11-14 12:56:43
30-year-mortgage rate rises to 4.35%

Click here to see ALL articles.

Comment on this Article

Your Name:
Your Email:
Verify:  Please enter the numbers shown to help eliminate spam.