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Location: Westland, Michigan, United States

Graduate of Walsh Institute Of Accountancy (Now Walsh College) Michigan in 1959. Retired in 1987, but still active in the profession **World War II Veteran (Pacific) **PHONE 734-261-1979 **E-MAIL -cpabakem01@yahoo.com **(Domain Name CPASENSE Registered) **Mentioned in the Journal of Accountancy, SmartPros, Tax Prof Blog, CPA2BIZ, CPA Journal, AccountingWEB, CPATrendlines & More **Search Accounting Blogs: http://www.blognetnews.com/accounting (Includes cpasense)**TOPICS - FINANCE - FEDERAL & MICHIGAN TAXES ** Making Sense Of Your Finance & Taxes

Wednesday, May 11, 2005

Will You Save By Refinancing Your Mortgage?

U.S. fixed mortgage rates fell for a fifth week even as the Federal Reserve raised short-term interest rates with the benchmark 30 year loan down to a national average of 5.33% 15 year loans averaged 4.92%. and the hybrid ARM averaged 4.82%
See current averages in right hand column under Overnight Averages - As of 5-27-05, they are 5.22%, 4.80%, and 4.71%

3 Comments:

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