Today, The 30 yr fix Conventional is at 4.875% w/1pt! 5/1 arm
is at 3.710% w/1pt.
Mortgage rates stay at 3-month lows; Inman News
Mortgage rates were mostly unchanged from last week at three-month lows after the Federal Reserve said it would stretch out its purchases of mortgage-backed securities through the end of March. The 30-year fixed-rate mortgage (FRM) averaged 5.04 percent with an average 0.6 point for the week ending Sept. 24, unchanged from a week ago and down from 6.09 percent a year ago, Freddie Mac said in releasing the results of its Primary Mortgage Market Survey.
Steve Florio
Mortgage Advisor
ERA Mortgage
Southern Utah, Mesquite NV
435-640-0364 / cell
435-635-1504 / office
435-635-1662 / fax
steve.florio@mortgagefamily.com
