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www.sky-refinance.com - Jumbo Refinance Mortgage Rates
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| Mortgage Interest Rates |
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Mortgage Rates Return To October Levels |
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Freddie Mac?s Weekly Primary Mortgage Survey for the week ended November
23 recorded the first drop in mortgage rates since September 1. 2005. Over the
13 week run-up the 30 year fixed rate mortgage increased from 5.71 percent to
the 6.37 percent recorded for the week ended November 17. Last week the rate dropped
to 6.28 percent, the lowest since October 27, with fees and points remaining constant
at 0.6.
This follows on the heels of a reduction in rates reported last week by the Mortgage
Bankers Association. MBA recorded a second straight week of rate decreases in
its weekly report issued on November 30.
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