Mortgage News

30 & 15 Year Mortgage Rates Return to Record Lows

June 28th, 2012

According to Freddie Mac's Weekly Primary Mortgage Market Survey the average on the 30-year loan rate remained at 3.66%*.  That is unchanged from the previous week, and still the lowest weekly average since long-term mortgages began in the 1950's.

The weekly average rate on the 15-year mortgage dropped back to 2.94%*, matching the record low set three weeks ago.

 

http://www.freddiemac.com/pmms/

 

 

Tidewater Home Funding

Tidewater Home Funding, LLC NMLS# 41552
(www.nmlsconsumeraccess.org).
Equal Housing Lender.

Licensed in Virginia, North Carolina & Florida.

VSCC Bureau of Financial Institutions, P.O. Box 640, Richmond VA 23218-0640, (1-800-552-7945) www.scc.virginia.gov/bfi

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