St Casimirs Mortgage Minute. . . Help in navigating the mortgage application process. Get advice from Nelson Bayne, 410-342-1404 mortgage specialist with over 35 years of experience in the Baltimore metro area.
Friday, February 17, 2017
Friday Rate Update
Mortgage Rates Edge Down
The rate for a 30-year fixed-rate mortgage averaged 4.15 percent this week, down slightly from the previous week's 4.17 rate. At this time last year, the 30-year FRM rate averaged 3.65 percent.
This week's 15-year FRM rate averaged 3.35 percent, down from last week's 3.39 percent. A year ago, the 15-year FRM rate averaged 2.95 percent.
---ABA Daily Newsbytes
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