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Average U.S. 30-year, fixed-rate mortgage interest rates remained unchanged from the previous week's 5.88 percent, United Press International reported April 10, 2008.
A year ago the same loan stood at 6.22 percent.
Read The UPI Article
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I am a Massachusetts real estate broker and lawyer and co-founder/owner of Buyers Brokers Only, LLC. I am also a partner in the law firm of Rosa & Kres, LLP.
If you have a question for me about any aspect of the home-buying process (i.e., house hunting, mortgages, negotiations, buyer agency, purchase and sale, etc.), please don't hesitate to send me an email. I'm happy to try to answer your question.
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It's good that the interest rates has not changed. I was confused about the rumors circling around about the increased mortgage loan interest rates.
- Stephen
Posted by: Stephen | April 15, 2008 at 07:57 AM
Stephen,
Your confused about interest rates? Isn't your Web site about lending?
Posted by: Rich | April 15, 2008 at 08:07 AM