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Mortgage Rates - fall to all-time record lows
Freddie Mac released the results of its Primary Mortgage Market Survey, with the 30-year and 15-year fixed-rate mortgages reaching record lows. (The 30-year fixed-rate survey began in 1971, and the 15-year began in 1991.) 30-year fixed-rate mortgage averaged 4.54 percent. Last year at this time, the 30-year FRM averaged 5.25 percent. 15-year FRM this week averaged a record low of 4.00 percent. A year ago at this time, the 15-year FRM averaged 4.69 percent.
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