Search This Blog

Friday, October 28, 2016

Friday Rate Update


Mortgage Rates Dip Lower 

The rate for a 30-year fixed-rate mortgage averaged 3.47 percent this week, down from the previous week's 3.52 percent rate, Freddie Mac said yesterday. At this time last year, the 30-year FRM rate averaged 3.76 percent.

This week's 15-year FRM averaged 2.78 percent, down from last week's 2.79 percent rate. A year ago, the 15-year FRM averaged 2.98 percent.


--ABA Daily Newsbytes

No comments:

Post a Comment