Mortgage rates fall again
- May 28, 2010
Mortgage rates fell this week to their lowest point since December.
McLean-based Freddie Mac’s Primary Mortgage Market Survey said the average rate for a 30-year fixed-rate mortgage was 4.78 percent for this week, down from 4.84 percent last week.
The average 30-year rate has not been lower since the beginning of December, when rates averaged 4.71 percent.
During the same week a year ago, the average 30-year, fixed-rate mortgage was 4.91 percent.