Fixed Rate Mortgage Report for January

Looks like a good time to capitalize on interest rates and buy a home. ..

Freddie Mac Monthly Average Rate & Points for 30 Year Fixed Rate Mortgages

 

	2009		2008		2007		2006		2005
	Rate	Pts	Rate	Pts	Rate	Pts	Rate	Pts	Rate	Pts
January	5.05	0.7	5.76	0.4	6.22	0.4	6.15	0.5	5.71	0.7
February			5.92	0.5	6.29	0.4	6.25	0.6	5.63	0.7
March			5.97	0.5	6.16	0.4	6.32	0.6	5.93	0.7
April			5.92	0.4	6.18	0.5	6.51	0.6	5.86	0.6
May			6.04	0.5	6.26	0.4	6.60	0.5	5.72	0.6
June			6.32	0.7	6.66	0.4	6.68	0.5	5.58	0.6
July			6.43	0.6	6.70	0.4	6.76	0.5	5.70	0.5
August			6.48	0.7	6.57	0.4	6.52	0.4	5.82	0.5
September			6.04	0.7	6.38	0.5	6.40	0.5	5.77	0.6
October			6.20	0.6	6.38	0.5	6.36	0.4	6.07	0.5
November			6.09	0.7	6.21	0.4	6.24	0.5	6.33	0.6
December			5.29	0.7	6.10	0.5	6.14	0.4	6.27	0.5
Annual Average	5.05	0.7	6.03	0.6	6.34	0.4	6.41	0.5	5.87	0.6

~Freddie Mac