Mortgage News

30 & 15 Year Mortgage Rates Reach Record Lows

July 12th, 2012

According to Freddie Mac's Weekly Primary Mortgage Market Survey, the average on the 30-year loan rate remained at 3.56%*.  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 2.86%*.


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