Industry News

Mortgage rates lowest since 2004

Dramatic declines this week bring average 30-year fixed below 5.5%
Published on Jan 24, 2008

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by CareyBot

Thirty- and 15-year fixed mortgage rates this week fell to their lowest levels since the spring of 2004, Freddie Mac reported today. The average rate on 30-year fixed mortgages tumbled 21 basis points in the last week, falling from 5.69 ...