30-year mortgage at 4.12 percent, down from 4.53 percent at the start of the year

houseWASHINGTON (AP) — Average long-term U.S. mortgage rates declined this week, approaching their lows for the year.

Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year loan slipped to 4.12 percent from 4.14 percent last week. The average for a 15-year mortgage, a popular choice for people who are refinancing, fell to 3.24 percent from 3.27 percent last week. Read the full article here.

 

Posted on August 18, 2014 at 9:07 am
Windermere Shoreline | Category: Uncategorized

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