Tag Archives: five-year

15-Year Fixed-Rate Mortgage Falls to Record Low

| April 26, 2013

The average rate on a 15-year fixed-rate mortgage fell in the week ending April 25. Freddie Mac reported the average rate fell from 2.64% last week to 2.61% this week. It was the lowest rate since Freddie Mac has been keeping track of these records in 1971. A year ago, the average rate was 3.12%. […]

Affordable Financial Services LTD’ Weekly Finance Review

| January 28, 2011

Pending home sales rose 2.0% in December, says the National Association of REALTORS. It was the fifth increase in the past six months. The NAR says its pending home sales index rose to 93.7 from a downwardly revised 91.9 in November. However, the index is still 4.2% below the figures from December 2009. (Pending home […]