According to the Freddie Mac survey, average mortgage rates had mixed results for the week ending Thursday, December 20, 2012. The average 30 year mortgage increased from 3.32% to 3.37 and the average 15 year mortgage decreased from 2.66% to 2.65%.
Mortgage rates one year ago were 3.91% and 3.21% 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: 44 33 12 Avg. Liv.Area SqFt: 1,726.52 1,134.73 2,384.50 Avg. List$: $304,530 $212,481 $389,458 Avg. List$/SqFt: $190 $202 $168 Avg. Days on Market: 80.57 91.79 288.33
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