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 NetworkSingle Family Condos Multi Family # of Listings: 36 30 16 Avg. Liv.Area SqFt: 1,758.28 1,048.93 2,858.06 Avg. List$: $304,100 $203,996 $412,775 Avg. List$/SqFt: $188 $211 $149 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