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 NetworkSingle 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