Mortgage Update

30-YEAR FIXED

4.29%

1-YEAR ADJUSTABLE RATE

2.75%

5/1 ADJUSTABLE RATE

3.44%

Bankrate obtains rate information from the 10 largest banks and thrifts in 10 large U.S. markets. Mortgages are gathered based on 700 FICO with 80% LTV and between 30-60 lock days. This is an average of all points but the information we gather includes no more than 2 points.

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Sandy Lek 925-847-2135 slek@bayareanewsgroup.com

Editorial contact:

Rowan Briggs 408-278-3422 content@bayareanewsgroup.com