Athens GA Properties, Athens Georgia Homes, and Athens Real Estate

30-Yr Fixed Mortgage Inches Higher for 2nd Straight Week

December 15, 2009 · 1 Comment

According to a News Wire press release by Zillow, the weekly average rate Zillow Mortgage Marketplace borrowers were quoted for 30-year fixed mortgages “increased five points last week to 4.72 percent, up from 4.67 percent the week prior,” according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com. Rates for a 15-year fixed mortgage rose very slightly to 4.21 percent from 4.20 percent, and 5-1 ARM’s increased seven basis points to 3.81 percent, from 3.74 percent the week prior.

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