Mortgage Rates Fall for Second Straight Week
The
rate for a 30-year fixed-rate mortgage averaged 3.91 percent this week, down
from last week’s 3.98 percent, Freddie Mac said yesterday. At this time last
year, the 30-year FRM rate averaged 4.14 percent. This week’s 15-year FRM rate
averaged 3.13 percent, down from last week’s 3.17 percent rate. A year ago, the
15-year FRM rate averaged 3.27 percent.
---ABA Daily Newsbytes
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