Replies to post #7351 on Billionaire Boys Club Member Forum (BBCMF)

[mick]

Home Mortgages
Wednesday May 11, 2:42 pm ET


NORTH PALM BEACH, Fla. (AP) --
Average mortgage rates for single-family homes in the 10 largest metropolitan
areas as of May 11 as compiled by bankrate.com. The rates are for 30-year,
fixed-rate mortgages for 80 percent of the value of the house. A point is a
one-time fee equaling one percent of mortgage.
May 11 Prev. Wk
percent+points
Boston 5.88 + 0.10 5.85 + 0.09
Chicago 5.90 + 0.06 5.89 + 0.07
Dallas 5.88 + 0.42 5.80 + 0.49
Detroit 5.80 + 0.25 5.75 + 0.25
Houston 5.83 + 0.59 5.77 + 0.62
Los Angeles 5.89 + 0.42 5.85 + 0.44
New York 5.87 + 0.19 5.86 + 0.20
Philadelphia 5.78 + 0.31 5.77 + 0.34
San Francisco 5.88 + 0.25 5.83 + 0.27
DC Metro 5.71 + 0.57 5.69 + 0.60
National Avg 5.84 + 0.32 5.81 + 0.34
------
NORTH PALM BEACH, Fla. (AP) -- bankrate.com's national average for a 5-year
adjustable mortgage, based on a 30-year loan for 80 percent of the value of a
single-family house.
May 11 Prev. Wk
percent+points
Average 5.23 +0.22 5.23 +0.22





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