WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week, marking a 13th straight week below 4 percent and offering an enticement for potential homebuyers.
Mortgage giant Freddie Mac says the average rate on a 30-year fixed-rate mortgage declined to 3.79 percent from 3.82 percent a week earlier. The rate on 15-year fixed-rate mortgages eased to 2.98 percent from 3.03 percent.
The rates are well below last year’s levels. A year ago, the average 30-year mortgage rate was 3.82 percent, while the rate for 15-year loans was 3.08 percent.
Comment count on this article reflects comments made on Breitbart.com and Facebook. Visit Breitbart's Facebook Page.