Monday, April 2, 2012

30 YR Fixed-Rate Mortgage Dips Below 4% Again

Freddie Mac has released the results of its Primary Mortgage Market Survey® showing mortgage rates, fixed and adjustable, moved lower and the average 30-year fixed-rate mortgage slid just below 4.00 percent for the week.

30-year fixed-rate mortgage (FRM) averaged 3.99 percent with an average 0.7 point for the week ending March 29, 2012, down from last week when it averaged 4.08 percent. Last year at this time, the 30-year FRM averaged 4.86 percent.

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