Home Mortgage Rates Were Down in January 2008 from One Year Ago

Thirty-year fixed-mortgage interest rates averaged 5.76 percent during January 2008, compared with 6.22 percent in January 2007 (Freddie Mac). Adjustable-mortgage interest rates averaged 5.23 percent in January 2008, compared with 5.47 percent in January 2007.
Post by Harrison K. Long, Feb. 28, 2008
[Source: California Association of Realtors]