Mortgage rates at record lows

Rate rebound expected next year

Get smarter. Grow your referral network at Inman Connect San Francisco
Limited seating still available, July 17-20

Mortgage rates eased for the fourth consecutive week, hitting historic lows well below 5 percent this week, Freddie Mac said in releasing the results of its latest Primary Mortgage Market Survey.

Rates on 30-year fixed-rate mortgages averaged 4.78 percent with an average 0.7 point for the week ending Nov. 25, down from 4.83 percent last week and 5.97 percent a year ago.