Mortgage Rates Drop For Second Week In A Row

by Categorized: Banks Date:

Mortgage rates dropped for the second consecutive week, according to date released Thursday morning by Freddie Mac, because of softening in the housing market.
Thirty-year fixed rates averaged 4.10 percent nationally in the past week, down from 4.13 the previous week. Fifteen-year rates averaged 3.20 percent, down from 3.24 percent.

The numbers in New England:

This week:

30-year: 4.14 percent
15-year: 3.22 percent

Last week:
30-year: 4.17 percent
15-year: 3.28 percent

A year ago
30-year: 3.44 percent
15-year: 2.73 percent

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