Mortgage Rates Remain Near Record Lows

Mortgage Rates Remain Near Record Lows

Freddie Mac reports that the average rate on the 30-year fixed mortgage fell from 4.10 percent to 4 percent this week, nearly matching the all-time low of 3.94 percent (the lowest rate ever, according to the National Bureau of Economic Research) from four weeks ago.

The average rate on the 15-year fixed mortgage fell from 3.38 percent to 3.31 percent close to its record low of 3.26 percent last month.