A personal finance blog dedicated discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance.


Friday, June 03, 2005

Fixed Mortgage Rates Fall Again

For the ninth out of the last ten weeks, fixed mortgage rates dropped. The 30-year fixed rate is now at 5.62%, down from 6.28% last year. The 15-year fixed rate is at 5.20%, down from 5.62% last year. This isn't going to help ease real estate prices any time soon.

Source: WSJ