According to the Freddie Mac survey, average mortgage rates decreased for the week ending Thursday, November 22, 2012. The average 30 year mortgage decreased from 3.34% to 3.31% and the average 15 year mortgage decreased from 2.65% to 2.63%.
Mortgage rates one year ago were 3.98% and 3.30% 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||37||23|
|Avg. Liv. Area Sq Ft:||1,667.30||1,080.03||2,445.17|
|Avg. List$/Sq Ft:||$191||$217||$157|
|Avg. Days on Market:||71.88||75.95||225.35|
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