Is Now a Good Time to Buy a Home in Houston, TX?
Posted by Joyce Godwin
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From the Houston Association of Realtors Newsletter - July 1, 2010
Mortgage Interest Rates Fall to Another All-Time Low
On another bright note, Freddie Mac announced this morning that the average 30-year fixed mortgage interest rate fell to a record low of 4.58%. In the prior week, the average was 4.69%. The year-ago average was 5.32%. Rates on 15-year fixed-rate mortgages also reached a new record low, averaging 4.04%, down from 4.13% in the prior week.
Click here to: Search the MLS Like a Realtor
Mortgage Interest Rates Fall to Another All-Time Low
On another bright note, Freddie Mac announced this morning that the average 30-year fixed mortgage interest rate fell to a record low of 4.58%. In the prior week, the average was 4.69%. The year-ago average was 5.32%. Rates on 15-year fixed-rate mortgages also reached a new record low, averaging 4.04%, down from 4.13% in the prior week.
Click here to: Search the MLS Like a Realtor
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Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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