Tuesday, November 27, 2012

Mortgage Rates Reached New Lows Again Last Week

Mortgage Rates Reached New Lows Again Last Week

Mortgage rates continue to fall, with fixed-rate mortgage rates reaching new record lows last week for the second consecutive week, Freddie Mac reports in its weekly mortgage market survey. 
'Fixed mortgage rates continued to ease somewhat this week to record lows and should help the ongoing housing recovery,” said Frank Nothaft, Freddie Mac’s chief economist. 
Here’s a closer look at mortgage averages for the week ending early due to the holiday on Nov. 21: See rates....

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