Thursday, 16 September 2010 07:55

Interest Rates Still Low

chart_low_interest_v1WASHINGTON, Sept. 9 (UPI) -- Average interest rates for long-term mortgages rose slightly or held still in the past week, the U.S. Federal Home Loan Mortgage Corp. said Thursday.

Freddie Mac Vice President and Chief Economist Frank Nothaft said mixed signals in a national employment report -- showing unemployment up to 9.6 percent, but private payrolls higher -- had "a mixed effect on mortgage rates this week."

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About Bonnie Koff

Focused on rapid results for buyers and sellers (and renters) in Westchester County, New York.

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Bonnie Koff
Licensed Associate Broker
William Raveis Legends Realty Group
37 Main Street
Tarrytown, New York 10591
Phone: 914-332-6300
Fax: 914-332-6336
Cell: 914-403-3447

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