Showing posts with label Miaim Beach. Show all posts
Showing posts with label Miaim Beach. Show all posts

Wednesday, May 19, 2010

Miami mortgage rates decreased for 5th week

Miami mortgage rates, Miami real estate

Freddie Mac said in its weekly survey of lenders, for the fifth week in a row Miami mortgage rates have declined. Interest rates for Miami real estate properties are at their lowest level of the year, with 30-year fixed-rate loans below 5%.

Early this week, lenders were offering 30-year fixed home loans at 4.93% on Miami real estate properties which was down from 5.0% last week. The mortgage company said that rate was with borrowers paying 0.7% of the loan balance upfront.

Full article...Miami mortgage rates, Miami real estate