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Average Rates for Residential Mortgages

March 15, 1992

Average rates for residential mortgages as of March 6, 1992.

Survey Conventional Mortgages Adjustable Mortgages Area 15 Year 30 Year Composite 1 Year Composite National 8.57% 8.95% 8.77% 6.02% 6.31% California 8.71 9.06 8.89 6.00 6.05 Connecticut 8.62 9.01 8.84 6.00 6.24 Wash. D.C. 8.46 8.81 8.65 5.72 6.15 Florida 8.51 8.87 8.70 6.11 6.40 Mass. 8.59 8.98 8.80 5.98 6.37 New Jersey 8.49 8.91 8.71 5.99 6.53 N.Y. Metro 8.61 9.01 8.82 6.06 6.46 New York 8.71 9.10 8.92 6.13 6.45 N.Y. Co-ops 8.84 9.16 9.04 6.49 7.15 Pa. 8.44 8.85 8.65 5.95 6.19 Texas 8.51 8.88 8.69 6.04 6.24

SOURCE: HSH Associates, Butler, N.J.

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