Friday, December 2, 2011
Interest Rates Settle In Around 4%
The Freddie Mac weekly market survey shows average fixed mortgage rates relatively unchanged this week. 30-year fixed rate mortgages were up just a bit to an average of 4.0%. Last year at this time, the average was 4.46%. Low rates and low prices continue to make houses in Tucson extremely affordable, but lenders are taking a closer look at potential buyer's qualifications.