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Mortgage Rates: 30 Year Mortgage Rates Unchanged

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30 year mortgage rates remained unchanged in the most recent Primary Mortgage Market Survey released by Freddie Mac. 30 year fixed rate conforming mortgage rates are averaging 5.07 percent for the week ending April 22, 2010, unchanged from the previous week’s average mortgage rate. Mortgage discount points averaged 0.7 points, up from 0.6 points the prior week’s average.

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15 year fixed mortgage rates declined slightly for the week ending April 15, 2010. Conforming fixed 15 year mortgage rates are averaging 4.39 percent, down from the prior week's average mortgage rate of 4.40 percent.  Mortgage discount points averaged 0.6 points.

5 year adjustable mortgage rates also decreased this week over last. The current average 5 year Treasury-indexed adjustable mortgage rate decreased to 4.03 percent, down from last week’s average mortgage interest rate of 4.08 percent. Mortgage discount points averaged 0.6 points.

1 year adjustable mortgage rates were up this week to 4.22 percent, up from last week’s average 1 year mortgage interest rate of 4.13 percent. Discount points averaged o.5 points.
Author: Brian McKay
April 23rd, 2010