As of April 19, 2007, the current average mortgage rates according to Freddie Mac's Weekly Primary Mortgage Market Survey are as follows:
30-yr Fixed Rate Mortgage: 6.17% with fees & points averaging at 0.5
15-yr Fixed Rate Mortgage 5.89% with fees & points averaging at 0.5
5/1-yr Adjustable Rate Mortgage 5.92% with fees & points averaging at 0.6
1-yr Adjustable Rate Mortgage 5.45% with fees & points averaging at 0.7
Mortgage rates are down this week from last.
If you are in the market to purchase a home, please contact
The Vanderhoff Team today. We can assist you with your real estate questions and set you up with a custom property search to help you find the home that fits your needs. Rates are low, and the market has a high inventory of homes available. It's a great time to buy your next home! Contact us today at 770-888-9269 or info@vanderhoffteam.com to get started.