Friday, 30 December 2011

HSH.com Weekly Mortgage Rate Radar: Slight Bump in Rates to Close 2011

Foster City, CA (PRWEB) December 28, 2011 Rates on the most popular types of mortgages rose slightly, according to HSH.com's Weekly Mortgage Rate Radar. The average rate for conforming 30-year fixed-rate mortgages rose by two basis points (0.02 percent) to 4.06 percent. Conforming 5/1 Hybrid ARM rates increased by three basis points (0.03 percent), closing the Wednesday-to-Tuesday wraparound weekly survey at average 3.00 percent.
"Thirty-year fixed mortgage rates will start 2012 almost

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