Friday, January 18, 2008

Mortgage Market Update


The average principal and interest payment on a $250,000 loan has dropped by $131.83 per month since August 3, 2007.1And, there’s more good news:The 30-year fixed rate mortgage averaged 5.87% with 0.4 points2The 15-year fixed rate mortgage averaged 5.43% with 0.5 points2The 5/1 ARM averaged 5.63% with 0.5 points2The 1-year ARM averaged 5.37% with 0.6 points2
Go with a lender you can trust. With over 150 loan products, Coldwell Banker Mortgage will find the mortgage that meets your customers’ financial needs. Call your local Mortgage Advisor or visit


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