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Mortgage Rate Trends and Market Update

4-Dec-08

Last

Change

0.01%

0.06%

-0.11%

-0.01%

15 Year Fixed - National AVG This marker indicates the current chart.

0.01%

-0.07%

2.49%

-0.39%

0.16%

-0.96%

This marker indicates the current chart. Use links on left to view charts. Click to enlarge.

Week Month Year 3 Yrs

sources: informars.com, erate.com, Freddie Mac

NAMB, Equal Housing Opportunity, BBB Reliability Online, SSL Secure Server

Arnett	Bradley	Daniels	Glen Daniel	Lester	Piney View	Shady Spring	Surveyor
Artie	Clear Creek	Dorothy	Glen White	Mabscott	Princewick	Skelton	White Oak
Beaver	Coal City	Dry Creek	Harper	Mac Arthur	Prosperity	Slab Fork

Beckley	Colcord	Eccles	Helen	Midway	Raleigh	Sophia

Blue Jay	Cool Ridge	Fairdale	Josephine	Naoma	Rhodell	Sprague

Bolt	Crab Orchard	Ghent	Lanark	Odd	Rock Creek	Stanaford

Today's Mortgage Terms starting with D Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan. Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan. Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate. Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price. View all Terms

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