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Mortgage Rates Stay Steady and Low at the Close of 2011 Says Informa Research Services

December 31, 2011

CALABASAS, CA--(Marketwire - Dec 30, 2011) - According to Informa Research Services, a subsidiary of Informa plc (LSE: INF), the national average rate on traditional 30 year fixed rate mortgages remained unmoved at 4.19% this week; at this time last year, this same figure was 84 basis points higher. Informa Research Services suggests that consumers who are looking to purchase a new home or refinance a current home loan next year use online resources to ensure they get the best rate being offered at any time of year (http://www.erate.com/current-mortgage-rates-30-year-fixed-mortgage-rates.htm).

Source URL: http://www.marketwire.com/mw/release.do?id=1602553&sourceType=3
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