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	<title>30-year fixed-rate &#8211; The Lawhead Team</title>
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		<title>30-Year Fixed-Rate Mortgages Continue To Stay At Record Lows</title>
		<link>https://marilynlawhead.com/30year-fixedrate-mortgages-continue-stay-record-lows/</link>
		
		<dc:creator><![CDATA[The Lawhead Team Blogger]]></dc:creator>
		<pubDate>Fri, 17 Feb 2012 18:49:48 +0000</pubDate>
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		<category><![CDATA[30-year fixed-rate]]></category>
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		<category><![CDATA[Creighton Lawhead]]></category>
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		<category><![CDATA[Home Buying]]></category>
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					<description><![CDATA[Not only are housing prices at an extreme low, but 30-year fixed-rate mortgages continue to stay at record lows as well. Freddie Mac reported in its weekly mortgage market survey that the 30-year fixed-rate mortgage has lingered at the record low of 3.87 percent since the first week of February. For the past 11 weeks, [&#8230;]]]></description>
										<content:encoded><![CDATA[<h2>Not only are housing prices at an extreme low, but 30-year fixed-rate mortgages continue to stay at record lows as well.</h2>
<h3>Freddie Mac reported in its weekly mortgage market survey that the 30-year fixed-rate mortgage has lingered at the record low of 3.87 percent since the first week of February.</h3>
<p>For the past 11 weeks, the <em><strong>30-year fixed-rate mortgage</strong></em>, the most popular choice among home buyers, has been below 4 percent.</p>
<p>Detailed look at the mortgage rates for the week ending Feb. 16:</p>
<ul>
<li>1-Year adjustable rate mortgages (ARMs) averaged 2.84 percent, with an average 0.6 point, rising from last week’s 2.78 percent average.  One year ago at this time, 1-year ARMs averaged 3.39 percent.</li>
<li>5-year adjustable rate mortgages averaged 2.82 percent this week, with an average 0.8 point, dropping slightly from last week’s 2.83 percent average.  Last year, 5-year ARMs averaged 2.87 percent.</li>
<li>15-year fixed-rate mortgages averaged 3.16 percent, with an average 0.8 point, also matching last week’s average.  Last year at this time, 15 year rates averaged 4.27 percent.</li>
<li><em><strong>30-year fixed-rate mortgages</strong></em> averaged 3.87 percent, with an average 0.8 point, matching last week’s average.  A year ago at this time, 30-year rates averaged 5 percent.</li>
</ul>
<p><span id="more-854"></span>Source of information: Freddie Mac</p>
<p>&nbsp;		</p>
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