Mortgage rates settle back down

posted in: Real Estate | 0

Homes for Sale In MissoulaDemand for purchase loans up 16 percent from a year ago

By Inman News, Thursday, February 7, 2013. Inman News®

Mortgage rates settled down this week at levels well below historic norms after surging during the last week of January.

Rates on 30-year fixed-rate mortgages averaged 3.53 percent with an average 0.8 point for the week ending Feb. 7, unchanged from last week and down from 3.87 percent a year ago, Freddie Mac said in releasing the results of its latest Primary Mortgage Market Survey. Rates on 30-year fixed-rate loans hit a low in Freddie Mac records dating to 1971 of 3.31 percent during the week ending Nov. 21, 2012

Click here to read more….

Our Real Estate Agents

Our Real Estate Local Web Sites

Missoula – Southgate Mall