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Prospect Financial Group, Inc.

Mortgage Rates Continue to Decrease

Monday, September 10, 2012 - Article by: Prospect Financial Group, Inc. - Prospect Home Finance - Message

Mortgage rates continue to decrease from this weekend's rates as we move into the new week. The change in the rates is as follows:

30 Year Fixed-Rate Mortgage is at 3.58%, which is a -0.07% decrease from yesterday's 3.65%

15 Year Fixed-Rate Mortgage is at 2.89%, which is a -0.05% decrease from yesterday's 2.94%

FHA 30 Year Fixed is at 3.49%, which is a -0.06% decrease from yesterday's 3.55%

Jumbo 30 Year Fixed is at 4.15%, which is a -0.06 decrease from yesterday's 4.21%

5/1 Yearr ARM is at 2.97%, which is a -0.02% decrease from yesterday's 2.99%


While rates are not at the lowest they have been in the last 52 weeks, it is important to take advantage of them before they begin to rise again.

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