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Article: 30-Year Mortgage Rates Continue to Fall Across the Board.
- Article from:
- PR Newswire
- Article date:
- May 5, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Rates Stay Steady on Monday, According to Zillow(R) Mortgage Rate Monitor
SEATTLE, May 5 /PRNewswire/ -- The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for thirty-year mortgages remained relatively steady last week. Last week's rate was 5.05 percent, down slightly from 5.07 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com(R). Meanwhile, rates for 15-year fixed mortgages fell to 4.70 percent, down from 4.72 percent and 5-1 adjustable rate mortgages decreased significantly, down to 4.30 percent from 4.38 percent the week prior.
Mortgage Type ...