Friday, February 09, 2007
Average Weekly Mortgage Rate
30 yr Mtg - Avg Weekly Rate: 6.28%
The average mortgage rate for a 30 year loan is sitting at 6.28 percent for this week.
This is the first time that the average weekly rate has dropped since December.
The job growth report indicated a lower number than what was expected.
This had the effect of lower fear of inflation which explains the lower mortgage rates for this week.
For the full story visit
MarketWatch.com
The average mortgage rate for a 30 year loan is sitting at 6.28 percent for this week.
This is the first time that the average weekly rate has dropped since December.
The job growth report indicated a lower number than what was expected.
This had the effect of lower fear of inflation which explains the lower mortgage rates for this week.
For the full story visit
MarketWatch.com
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