Palm Beach Mortgage Rates Are Down

Palm Beach Mortgage has news on the Mortgage market. Many Real Estate Investors have been waiting to see if mortgage rates would stay steady.
Home Mortgage Loan rates fell this week along with bond yields, according to Freddie Mac. The 30-year fixed-rate mortgage averaged 4.72 percent, down from 4.79 percent a week ago. Palm Beach Jumbo Mortgages are still available while rates on 15-year fixed-rate mortgages fell to another record low of 4.17 percent from 4.2 percent.

Also, the five-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.92 percent, down from 3.94 percent last week. Finally, one-year Treasury-indexed ARMs (adjustable rate mortgages) fell to a new six-year-low of 3.91 percent, compared with 3.95 percent a week ago.

Palm Beach Mortgage also reports that Loanrise.com is coming for all of your Commercial Real Estate Mortgage needs.