Mortgage Rates Edge Down

Mortgage rates edged down over the long weekend with the 30-year fixed rate mortgage average slipping to near 6.25%.  The jumbo and the 15-year fixed also edged down over the holiday weekend.  As I mentioned previously, any ability to grab a mortgage when the national average is near 6% was a great opportunity.  As things shore up for Fannie Mae and Freddie Mac, we may see a symbolic easing of the mortgage loan market.


0 Responses to “Mortgage Rates Edge Down”

  1. No Comments

Leave a Reply





Best mortgage search available:

Seven percent mortgage is an internet resource providing readers with quality links to help them best determine the value of their home and weight the mortgage options. Sub-prime mortgages were the only 7% we saw, but now things have changed.

Subscribe

Subscribe to my RSS Feeds