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Wednesday, May 18, 2011

New Low for Year: Mortgage Rate for 30-Year Fixed Mortgage at 4.43 Percent |Los Angeles-Platinum Triangle-Beverly Hills Real Estate-90210-Bel Air-Holmby Hills-Sunset Strip-Hollywood Hills-Luxury Estates-Mansions-Celebrity Homes-Homes For Sale-Listings-Rea

The mortgage rate for a 30-year fixed mortgage fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.43 percent, down from 4.46 percent at this same time last week. This is the lowest average rate reported on Zillow Mortgage Marketplace for 2011.

The 30-year fixed mortgage hovered near 4.45 percent at the beginning of last week, and then fluctuated between 4.48 percent and 4.44 percent over the weekend before returning to the current rate. The lowest reported 30-year fixed rate prior to this week was 4.5 percent on December 7, 2010.

Additionally, the 15-year fixed mortgage rate this morning was 3.66 percent and for 5/1 ARMs, the rate was 2.89 percent.

What are the rates right now? Check Zillow Mortgage Marketplace for up-to-the-minute mortgage rates for your state.

New Low for Year: Mortgage Rate for 30-Year Fixed Mortgage at 4.43 Percent |Los Angeles-Platinum Triangle-Beverly Hills Real Estate-90210-Bel Air-Holmby Hills-Sunset Strip-Hollywood Hills-Luxury Estates-Mansions-Celebrity Homes-Homes For Sale-Listings-Realtor-Real Estate – http://www.ChristopheChoo.com

Posted on: Beverly Hills Real Estate-Beverly Hills Homes For Sale

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