Mortgage rates drop to levels last seen in June according to Freddie Mac’s Weekly Survey. The survey showed 30 year fixed rates dropping another 15 basis points from last week to 4.13%. The 15 year fixed-rate was down 8 basis points to 3.24%.
Rates are back down to levels last seen in June when the Federal Reserve announced plans to taper its bond purchases. Currently Ten Year Treasury Rates are around 2.5%. In June and July rates bounced higher each time they dropped to these levels.
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/.