ABA Daily Newsbytes
Mortgage Rates Again Set Record Lows
Meanwhile, the average rate on 15-year, fixed-rate mortgages fell to a record low of 2.80 percent this week from 2.83 percent last week. A year ago, rates for 15-year mortgages averaged 3.66 percent--
Mortgage rates again hit record lows, with the average interest rate on 30-year, fixed-rate mortgages dropping to 3.49 percent this week from 3.53 percent last week, Freddie Mac reported yesterday. A year ago, rates for 30-year mortgages averaged 4.55 percent.
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