Friday, August 3, 2012

30-year fixed mortgages now below 3.5%


According to a story in today's Los Angeles Times,  30-year fixed mortgages for homes fell below 3.5% for the first time this week... ..The rates were 3.49%, down from 3.53% last week. The 15-year fixed loan fell from 2.83% to 2.8%.  Full story at:

http://www.latimes.com/business/money/fi-mo-mortgage-rates-20120726,0,3229801.story

-- Kathy Bissell

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