Fed Shuffles Securities, Rates Fall to 3.94%

October 12th, 2011

The dream of buying one of the many retirement or vacation homes for sale in Delaware just became more attainable with the latest financial news. The recent changes from the Federal Reserve have resulted in even lower interest rates, making this market quite favorable for home buyers. The average rate on a 30-year mortgage went [...]

Freddie Mac: Mortgage rates edge higher – Business Journal

June 4th, 2010

A one-year adjustable-rate mortgage was unchanged at 3.95 percent, considerably lower than the 4.81 percent one-year ARMS were averaging a year ago.