Mortgage Rates Continue Dropping
The
rate for a 30-year fixed-rate mortgage averaged 3.73 percent this week, down
from last week’s 3.87 percent and reaching the lowest level since May 2013,
Freddie Mac said yesterday. At this time last year, the 30-year FRM rate
averaged 4.51 percent.
This week’s 15-year FRM rate averaged 3.05 percent, down from last week’s 3.15
percent rate. A year ago, the 15-year FRM rate averaged 3.56 percent.
St Casimirs Mortgage Minute. . . Help in navigating the mortgage application process. Get advice from Nelson Bayne, 410-342-1404 mortgage specialist with over 35 years of experience in the Baltimore metro area.
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