Interest rates on mortgages pushing higher in early November
30-year fixed-rate mortgages averaged 5.7 percent, down from an average 5.64 percent last week.
Last year, the rate on the 30-year fixed-rate loan was 5.94 percent.
The 15-year mortgage rate rose to 5.08 percent this week from 5.01 percent last week. Last year, the average rate stood at 5.26 percent.
One-year adjustable rate mortgages (ARMs) averaged 4 percent, up from 3.96 percent the previous week.
Click here if you are interested in a new mortgage or refinancing in the Southern California area.
Last year, the rate on the 30-year fixed-rate loan was 5.94 percent.
The 15-year mortgage rate rose to 5.08 percent this week from 5.01 percent last week. Last year, the average rate stood at 5.26 percent.
One-year adjustable rate mortgages (ARMs) averaged 4 percent, up from 3.96 percent the previous week.
Click here if you are interested in a new mortgage or refinancing in the Southern California area.
posted by Dahcredyns at 9:21 AM
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