30-Year Interest Rates Remain Below 5%

20. Nov, 2009 ·0

According to Freddie Mac, interest rates on 30-year mortgages remain below 5%, averaging 4.83%.  Interest rates on 15-year fixed rate mortgages fell to 4.32% this week.  This news, together with the extension of the homebuyer’s tax credit, makes buying a home a smart decision.