Saturday, October 29, 2011

Looking Back 2 Years Ago

Mortgage rates fall slightly, drifting closer to recent record-low levels. The Federal Reserve has helped to push rates lower by buying longer-dated Treasuries, such as 10-year Treasury notes.


30-year fixedfrom 3.750% (4.258 APR)
5/1 ARMfrom 2.625% (3.080 APR)
15-year fixedfrom 3.125% (3.399 APR)