Weekly Mortgage Rates Continue Record Drop

May 2nd, 2013

Freddie Mac reported in it's Primary Mortgage Market Survey® (PMMS®) that all four weekly averages in the report dropped, and the 15-year fixed-rate mortgage average reached a record low of 2.56%.  The 5/1-Yr ARM and 1-Yr ARM also dropped to 2.56%.  The 30-yr fixed-rate mortgage average dropped to 3.35%, only .04% off the record low set the week of November 21, 2012.  


Tidewater Home Funding

Tidewater Home Funding, LLC NMLS# 41552
Equal Housing Lender.

Licensed in Virginia, North Carolina & Florida.

VSCC Bureau of Financial Institutions, P.O. Box 640, Richmond VA 23218-0640, (1-800-552-7945)

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