Tampa Mortgage Rates Update for – April 17, 2010
April 17th, 2010 Categories: Tampa Mortgage News
Clearwater Fl – Just a quick update on Tampa Mortgage rates. Freddie Mac (NYSE:FRE) released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 5.07 percent with an average 0.6 point for the week down from last week when it averaged 5.21 percent.
Last year at this time, the 30-year FRM averaged 4.82 percent. “After rising for four consecutive weeks, mortgage rates eased back to where they were two weeks ago and still remain historically low…Low mortgage rates continue to help stabilize the housing market.” said Frank Nothaft, Freddie Mac vice president and chief economist.
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About Cyndee Haydon
Cyndee Haydon, Realtor with Future Home Realty specializing in luxury waterfront and beach homes of Clearwater Beach - St Pete - Tampa Bay area with her husband and partner, Jack Haydon Cyndee's Google Profile
