Freddie Mac: No Weekly Change In 15- And 30-Year Fixed-Rate Mortgages

Posted by Orb Staff on September 24, 2010 No Comments
Categories : Residential Mortgage

There was no change in the average interest rates for 15- and 30-year fixed-rate mortgages in the latest week, according to the results of Freddie Mac's Primary Mortgage Market Survey.

Freddie Mac reported that the 30-year fixed-rate mortgage averaged 4.37% for the week ending Sept. 23, unchanged from last week. Last year at this time, the 30-year fixed-rate mortgage averaged 5.04%.

Freddie Mac also reported that the 15-year fixed-rate mortgage averaged a record low of 3.82%, unchanged from last week. A year ago at this time, the same product averaged 4.46%.

SOURCE: Freddie Mac

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