30 Year Mortgage Rates Lowest in 6 months

Posted by Jonathan Karlen on Thursday, September 1st, 2011 at 4:27pm.

30 year mortgage rates lowest in 6 months30 year mortgage rates are the lowest that they have been in 6 months.  The rates dropped to an average of 6.20% for a 30 year fixed rate mortgage.  The previous week, they averaged 6.24%.

This is the lowest rate that they’ve been since the week of May 10 2007 where they were at 6.15%.

15 year mortgages also dropped to 5.83%.  The prior week, the 15 year fixed rate mortgage was at 5.88%.

5 year adjustable rate mortgages were down to 5.88%.  The prior week, they were 5.96%.

1 year adjustable rate mortgages were 5.42%.  The previous week, they were 5.50%.

Its a great time to buy real estate in Louisville Kentucky.  Search for homes for sale in Louisville Kentucky now – and see if you can lock in a good deal today! For anyone that wants to view many of the most popular Louisville Subdivisions it allows you to easily view properties for sale within neighborhoods & subdivisions.

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