Cambridge Interest Rates Drop Slightly

March 3, 2009 by Elad Bushari · Leave a Comment 

The average 30-year mortgage rate in Cambridge stood at 5.35 percent last week, a .2 percent drop from the week prior, according to online mortgage tracker Zillow.

The average rate in Cambridge was above the average national rate last week, which rose slightly to 5.29 percent last week.

Nationally, Florida mortgage rates (5.15 percent), Georgia mortgage rates (5.17 percent) and Maryland mortgage rates (5.17 percent) were the lowest in the country, while Ohio mortgage rates (5.42 percent) were the highest.

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About Elad

the Broker of Bushari Group Real Estate, a boutique luxury real estate firm specializing in the metro Boston area, Cambridge and Brookline. Elad believes in superb customer service and strives to exceed expectations at every opportunity. Elad was one of the top 30 brokers in the nation under 30 years old (Realtor Magazine, June 2009) and one of the top 25 Real Estate Agents in the metro Boston area in 2008 (according to MLS PIN). In his free time, Elad enjoys snowboarding, scuba diving and is an avid world traveler. Elad can be reached at (617) 529-7079.

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