30-Year Mortgage Rates Continues Rapid Fall

In a news release made today Zillow.com communicated that the weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased seven basis points last week to 4.62 percent, down from 4.69 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®. Rates for 15-year fixed mortgages fell four basis points to 4.19 percent from 4.23 percent, while 5-1 adjustable rate mortgages increased five basis points to 3.74 percent, from 3.69 percent the week prior.

On Monday, rates for 30-year fixed purchase mortgages fell further, with the average rate on Zillow Mortgage Marketplace at 4.52 percent. For current, up-to-the-minute rates, visit www.zillow.com/Mortgage_Rates/.

SOURCE: Zillow.com

Web site: http://www.zillow.com/

www.AthensGaHomesForSale.com

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About hankbailey

Member of the Athens Area Association of REALTORS®, Georgia Association of REALTORS®, and the National Association of REALTORS®. I grew up in Athens and graduated from UGA with a BBA from the Terry College. I serve as a Residential Real Estate Listing and Buyer Services through Prudential Georgia, one of the largest real estate companies in the State of Georgia. Working with first time home buyers, step-up buyers, and Relocations in Jackson, Barrow, Oconee, and Athens-Clarke Counties. http://www.AdvancedPropertyMarketing.com (this is our listing methodology) http://www.GetJobLossProtection.com (this is an overview of our job loss program) • Adept at understanding mortgage financing issues, products, and terminology. • Technical expertise in internet marketing. • Excellence in establishing trust with clients. Represents Prudential Georgia Property Management in the acquisition and marketing of properties for lease in the Greater Athens area. Personal website; www.athensgahomesforsale.com Member of GA MLS Member of FMLS Member Georgia Association of REALTORS® Member of Athens Association of REALTORS® Member of the National Association of REALTORS® Member of the UGA Alumni Association
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