March 8, 2007

Mortgage rates have fallen down.

Filed under: Mortgage

Rates of mortgage have fallen down to the lowest level this year and this is due to the concerns of the U.S. economy and the fluff up in overseas stock markets recently, according to Freddie Mac.

The average rate of 30 year fixed rate loans fallen down to 6.14% from 6.18%. And the 15 year rate fallen down to 5.86% from 5.92%. It was 6% a year ago. For details visit this link.