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Mortgage Rates Back Below 5%

  • February 25th 2011

by UrbanTurf Staff

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After jumping above five percent two weeks ago, Freddie Mac reported 4.95 percent as the average on a 30-year fixed rate mortgage this week. It was the second week in a row that rates fell after weeks of steady increases.

Here is a quick mortgage rate timeline over the last 18 months:

  • February 17, 2011 — 5%
  • February 10, 2011 — 5.05%
  • February 3, 2011 — 4.81%
  • January 14, 2011 — 4.71%
  • January 7, 2011 — 4.77%
  • December 4, 2010 — 4.46%
  • November 11, 2010 — 4.17%
  • October 7, 2010 – 4.27%
  • July 29, 2010 – 4.54%
  • April 23, 2010 — 5.07%
  • December 9, 2009 – 4.71%
  • October 14, 2009 – 4.87%
  • August 3, 2009 – 5.25%
  • June 12, 2009 – 5.65%

See other articles related to: interest rates, mortgage rates

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/mortgage_rates_back_below_5/3053.

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