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Local Market Update 

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SGV Market Overview

Mortgage Rates

U.S. averages as of

July 26, 2012:


30 yr. fixed:   3.49%

15 yr. fixed:   2.80%
1 yr. adj:        2.71%

Janice Lee
Luxury Properties Director
540 South Lake Ave
Pasadena, CA 91101

Email me at:

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July Round Up: 30-Year Fixed-Rate Mortgage Averages Another Record 


In Freddie Mac's results of its Primary Mortgage Market Survey®, fixed mortgages rates continued their streak of record-breaking lows. The 30-year fixed rate mortgage averaged 3.49 percent, more than a full percentage point lower than a year ago when it averaged 4.55 percent. Meanwhile, the 15-year fixed-rate mortgage, a popular choice for those looking to refinance, also set another record low at 2.80 percent.



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