My San Diego Homes

San Diego Fixed Mortgage Rates Show Little Movement

by Linda Ring 31. October 2011 15:16

Fixed mortgage rates showed little change for the second consecutive week amid mixed consumer confidence and housing data, and remain near their 60-year lows. Money to loan in San Diego Real Estate

Freddie Mac released the results of its regular weekly rate survey Thursday.

The GSE puts the average rate for a 30-year fixed mortgage at 4.10 percent (0.8 point) for the week ending October 27. That down just one basis point from 4.11 percent last week. As a point of reference, last year at this time, the 30-year rate was averaging 4.23 percent.

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