Mortgage rates still hovering around record lows

Tight lending standards remain a factor as spring buying season approaches

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

Mortgage rates eased this week, remaining at or near record lows as the spring homebuying season approaches, Freddie Mac said in releasing the results of its weekly Primary Mortgage Market Survey.

While low rates boost affordability, many would-be buyers are still unable — or unwilling — to finance a home purchase.