Job news pushes mortgage rates lower

A rise in jobless claims and weaker employment growth sent mortgage rates down this week, according to surveys conducted by Freddie Mac and Bankrate.com.

In Freddie Mac' survey, the 30-year fixed-rate mortgage fell to an average 6.28 percent from last week's 6.34 percent, while the average rate on 15-year fixed-rate loans dipped from 6.06 percent to 6.02 percent. Points, which are fees lenders charge for loan processing expressed as a percent of the loan, averaged 0.3 on the 30- and 15-year loans.

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