Mortgage Rates Start the Year With Decline

Published on:
12 September 2006 at 10:18 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00005698-mortgage-rates-start-the-year-with-declin/

Mortgage rates around the country moved lower this week, marking a good start to a new year of home buying.

Freddie Mac’s weekly survey of mortgage rates released Thursday showed that rates on 30-year, fixed rate mortgages averaged 5.77 percent for the week ending Jan. 6. That was down from last week’s 5.81 percent.

For all of 2004, rates on benchmark 30-year mortgages averaged 5.84 percent, second only to last year’s 5.83 percent, the lowest annual rate in Freddie Mac’s record keeping.

For this complete story, please visit Mortgage Rates Start the Year With Decline.

Mortgage Rates Start the Year With Decline

Unknown Author

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