Bookmark and Share Contact Palm Beach Business.com by phone: 561 450-8258. By email.

 

Mortgage rates hold near all-time lows

By Palm Beach Business.com

DELRAY BEACH — Mortgage rates stayed near historic lows, moving little over the past week, according to both Bankrate and Freddie Mac surveys released Thursday.

Freddie’s Primary Mortgage Market Survey found the average 30-year, fixed-rate mortgage dropped to 3.88 percent with 0.8 point, down from 3.90 a week ago. The all-time low for the 30-year: 3.87 percent set earlier this year.

Bankrate’s national mortgage survey has the 30-year at 4.11 percent with 0.39 point, up from 4.10 percent a week ago.

Bankrate said concerns over the Greek debt crisis (where have we heard that before?) continue to hold down rates. Friday’s jobs report from the Labor Department could change things if the numbers deviate much from expectations.

According to Freddie Mac’s survey, the 15-year fell to 3.13 percent with 0.8 point down from 3.17 percent a week ago; according Bankrate, the 15-year fell to 3.34 percent with 0.34 point from 3.35 percent a week ago.

ad for delray networking stars

 

coming soon the daily bulletin

Keep up with YOUR community. Receive our FREE email newsletters!
For Email Marketing you can trust

Follow us on TwitterPalm Beach Business.com on LinkedIn
FOLLOW US ON FACEBOOK


ad for palm beach business.com
Openings at $75K to $500K+

Hot Offers
CompUSA Best sellers
DELRAY'S ONLINE BUSINESS AND COMMUNITY NEWSPAPER — PALM BEACH BUSINESS.COM
   
palm beach business.com
MARCH 8, 2012 click to go home
 
         
click to go back to the top
Delray's Online Business and Community Newspaper