According to the Freddie Mac survey, average mortgage rates increased for the week ending Thursday, January 10, 2013. The average 30 year mortgage increased from 3.34% to 3.40 and the average 15 year mortgage decreased from 2.64% to 2.66%.
Mortgage rates one year ago were 3.89% and 3.16% 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:||36||30||16|
|Avg. Liv.Area SqFt:||1,758.28||1,048.93||2,858.06|
|Avg. Days on Market:||92.31||99.83||293.94|
Paul Weston is Broker/Owner of Paul Weston Real Estate, a full service Real Estate Office serving Malden and the Greater Boston area.
Follow me on Twitter: @PH_Weston
Website, including contact information: www.liveinmalden.com