Sunday, October 14, 2012

Mortgage Rates Hover Near Record Lows

Mortgage Rates Hover Near Record Lows

Mortgage rates held steady for the most part this week, remaining near all-time record lows set last week, Freddie Mac reports in its weekly market survey. 
Here’s a closer look at national mortgage rate averages for the week ending Oct. 11. 
  • 30-year fixed-rate mortgages: averaged 3.39 percent, with an average 0.7 point, up slightly from last week’s record low of 3.36 percent. A year ago, 30-year rates averaged 4.12 percent. 
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