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July 14th, 2011 1:19 AM

 

Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.38 percent, down from 4.48 percent at this same time last week. .

The 30-year fixed mortgage rate peaked at 4.51 percent last Friday, and then hovered near 4.4 percent for the remainder of the week.

Additionally, the 15-year fixed mortgage rate this morning was 3.53 percent and for 5/1 ARMs, the rate was 2.78 percent.

What are the rates right now? Check Zillow Mortgage Marketplace for up-to-the-minute mortgage rates for your state.

Rates are low. Now is the time to buy. Purchase HUD homes for $100.00 downpayment. Call us for more mortgage deals. We have loan officers that can help you finance your new home.

Posted by Victoria Alexander on July 14th, 2011 1:19 AMPost a Comment (0)
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