Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Average mortgage rates reach seven-month high
WASHINGTON (12/20/10)--The average rate on both 30-year and 15-year fixed-rate mortgages continued to rise last week, posting double digit basis point increases. As reported in Freddie Mac's mortgage rate survey for the week ended Dec. 16, both mortgage rates continued to rise for the fifth week, with 30-year mortgages averaging 4.83% and 15-year mortgages averaging 4.17%. Those mortgage rates averaged 4.61% and 3.96% during the week ended Dec. 9, respectively. Both five-year and one-year adjustable rate mortgages remained low, with average rates of 3.77% and 3.35% reported. Freddie Mac Vice President/Chief Economist Frank Nothaft noted that the mortgage rate averages were the highest reported since March. For the full release, use the resource link.
Other Resources

RSS





print
News Now LiveWire
Registration lottery for #CreditUnion #CherryBlossom Ten Mile Run opens Monday, Dec. 1 http://t.co/AGkKPof5Fy. Race is April 12
11 hours ago
The turkey hasn't even been served and #creditunions are already making plans for #GivingTuesday
12 hours ago
.@bankofamerica's $16.65 billion 'toxic mortgage' settlement finalized http://t.co/BIq1QyImXG
14 hours ago
RT @CUNA: #NussleReport: ICYMI: Revised RBC proposal in January w/a 90-day comment period #Fix RBC http://t.co/T4JcvWBDse
16 hours ago
.@TheNCUA release on Nov. prohibition orders out already. Here: http://t.co/YkA1QIYbYa
16 hours ago