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Mortgage Rates

July 25, 2012 |  Article By :   | 

mortgage ratesMortgage rates have dropped again this week according to Freddie Mac!  The average rate on a 30-year fixed mortgage  dropped to 3.53% from 3.56% last week. This latest drop makes it 12 of the last 13 weeks that a new record low has been set.  The 15-year fixed rate loan was also down to 2.83%,  from 2.86%. The only real question is when will the drop end and rates hold steady or start to rise.

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