Freddie Mac will publish their Weekly Primary Mortgage Market Survey later today. Their survey shows a slight dip in mortgage rates over last week to an average 30 year fixed rate home loan priced at 4.82%. This is down from last week’s rate of 4.87% and just above the survey’s all time low a few weeks ago of 4.78%.
It looks like mortgage rates have found a short term range near the all time bottom.