Mortgage Rates
According to the Freddie Mac survey, average mortgage rates had mixed results for the week ending Thursday, March 7, 2013. The average 30 year mortgage increased from 3.51% to 3.52% and the average 15 year mortgage remained unchanged at 2.76%.
Mortgage rates one year ago were 3.88% and 3.13% for the 30-year and 15-year fixed mortgages.
Snapshot of the Malden Real Estate Market
Source: MLS Property Information Network
| Single Family | Condos | Multi Family | |
| # of Listings: | 40 | 32 | 18 |
| Avg. Liv.Area SqFt: | 1,473.23 | 1,150.88 | 2,568.78 |
| Avg. List$: | $312,828 | $221,854 | $403,822 |
| Avg. List$/SqFt: | $223 | $202 | $159 |
| Avg. Days on Market: | 83.09 | 105.25 | 151.72 |
Paul Weston is a licenced Real Estate Broker in Massachusetts
Follow me on Twitter: @PH_Weston
Website, including contact information: www.liveinmalden.com
