Mortgage Rates
According to the Freddie Mac survey, average mortgage rates had mixed results for the week ending Thursday, February 21, 2013. The average 30 year mortgage increased from 3.53% to 3.56% and the average 15 year mortgage remained unchanged at 2.77%.
Mortgage rates one year ago were 3.95% and 3.19% 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: | 38 | 29 | 16 |
| Avg. Liv.Area SqFt: | 1,512.42 | 1,115.93 | 2,411.63 |
| Avg. List$: | $304,852 | $214,104 | $399,089 |
| Avg. List$/SqFt: | $215 | $201 | $169 |
| Avg. Days on Market: | 103.42 | 108.66 | 235.38 |
Paul Weston is a licenced Real Estate Broker in Massachusetts
Follow me on Twitter: @PH_Weston
Website, including contact information: www.liveinmalden.com
