Keeping Current Matters

National Association of Realtors

Thursday, August 23, 2012

Rates are Beginning To Move Higher ! Buy Your Stone Harbor Avalon Summer Home Now!

This marks the fourth straight week of fixed mortgage rates gradually moving higher. Here are the weekly mortgage results as of Aug 23, 2012.

30-yr. fixed: 3.66% (up from 3.62% on Aug 16)

15-yr. fixed: 2.89% (up from 2.88% on Aug 16)

1-yr. adjustable: 2.66% (up 2.69% on Aug 16)

(Source: Freddie Mac-

Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate