As of April 12, 2007, the current average mortgage rates according to Freddie Mac's Weekly Primary Mortgage Market Survey are as follows:
30-yr Fixed Rate Mortgage: 6.22% with fees & points averaging at 0.4
15-yr Fixed Rate Mortgage 5.90% with fees & points averaging at 0.4
5/1-yr Adjustable Rate Mortgage 5.93% with fees & points averaging at 0.5
1-yr Adjustable Rate Mortgage 5.47% with fees & points averaging at 0.5
Interest rates are pushed upward this week following the release of the March employment data which showed a stronger job growth than the market expected in March.
If you are looking for assistance with your next home loan, we recommend
Steve Thompson, Senior Mortgage Consultant with Home America Morgage, Inc. To contact Steve, click on his name above to be taken directly to his website at
www.stevethompsononline.com, or you may email Steve at sthompson@homeamericamortgage.com or call him at 770-325-7075. Let Steve know
The Vanderhoff Team sent you!