30-year fixed mortgage rate edges above 5%
October 17th, 2009
The average last week, assuming a 20% down payment, rises to 5.02% from 4.89% the previous week, the Mortgage Bankers Assn. says. Applications for home loans decline. The average rate on a 30-year fixed-rate home loan edged back above 5% last week as mortgage applications fell, the Mortgage Bankers Assn. said Wednesday. The average rate [...]