- Freddie Mac's weekly roundup of mortgage rates around the country found the benchmark 30-year, fixed-rate loan down to 3.53% last week from 3.56% in the previous survey.
- The 15-year version also fell three basis points, from 2.86% to 2.83%.
- Treasury-indexed one-year and five-year adjustable rate mortgages were both at 2.69%
From the article:
Interest rates continued dropping last week, creating a housing market where buyers searching for cheap credit can find plenty of it. ...