Tag Archives: ARM

15-Year Fixed-Rate Mortgage Falls to Record Low

| April 26, 2013

The average rate on a 15-year fixed-rate mortgage fell in the week ending April 25. Freddie Mac reported the average rate fell from 2.64% last week to 2.61% this week. It was the lowest rate since Freddie Mac has been keeping track of these records in 1971. A year ago, the average rate was 3.12%. […]

Mortgage Rates Fall for Third Straight Week

| April 19, 2013

Today, Freddie Mac reported that the national averages for mortgage rates for the week ending April 18 fell for the third week in a row. Thirty-year fixed-rate mortgages averaged 3.41%, with an average 0.7 point, down from 3.43% last week and 3.90% the same time last year. For 15-year fixed-rate mortgages, the average rate was […]