Mortgage rates are down significantly this week in Freddie Mac’s Weekly Survey with 30 year fixed rate loans dropping 18 basis points to 4.32%. The 15 year fixed-rate was down 17 basis points to 3.37%. Rates are back down to levels last seen in July after the Federal Reserve indicated this week they will continue buying treasury and mortgage bonds at current volumes.
Note: Chart above is dynamic and reflects current survey, updated weekly.
For TODAYS’s mortgage rates, see below or more lenders at http://moneycafe.com/personal-finance/mortgage-rates/.