Mortgage Interest Rates Lowered For the First Time in 4 Weeks
Freddie Mac announced the results of its Primary Mortgage Market Survey® showing average fixed mortgage rates moving lower for the first time in four weeks.
The 30-year fixed-rate mortgage averaged 3.75 percent with an average 0.6 point for the week ending March 5, 2015, down from a year ago at this time, when the average rate was 4.28 percent.
Just in time for the Spring home selling season!
Read more about current average interest rates for other popular mortgage products on Freddie Mac's website.
- Cheryl Bourland's blog
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