Wednesday, January 11, 2012

Weekly Mortgage Rate Update, 1.11.12

Rates dip a bit…

Now is the perfect time to get your mortgage preapproval complete for that Spring/Summer purchase.  Know now how much home you can afford and what it will cost you.  Having a plan and being informed before you list and shop is best for you and will save you time in the long run.

Rates for the week:
From the IBJ: The average rate for 30-year mortgages fell from 4.21 percent to 4.18 percent for the week ending January 4, according to The rate for 15-year mortgages fell from 3.44 percent to 3.4 percent.

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