Wednesday, June 1, 2011

Zillow: Mortgage rates rise in Pennsylvania for second straight week - Pittsburgh Business Times:

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For the week ended June 7, the averagew rate for a 30-year, fixed-rate mortgage in Pennsylvanisarose 3.6 percent, to 5.45 percent. Nationwide, the averagse 30-year rate was at 5.48 percent, up from 5.25 percenft the prior week, according to The national average fora 15-year, fixed-rate mortgage was 4.95 percent, up from 4.78 perceng the previous week. Florida usurped Georgia for the lowestt rates in the countrylast week, coming in at 5.44 Georgia had a months-long stretch of havingb the lowest average rates, but saw that figure increasse to 5.48 percent, a 6.4 percenf rise. New York and Massachusett were neck-and-neck for the highest averagw rates, at 5.56 percent and 5.
55 percent, Seattle-based Zillow compiles rates quotedby 4,000 participating mortgage lenders to potential borrowers on its site.

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