Mortgage Rates Heading Back Toward Record Lows

February 22, 2009 by admin · Leave a Comment
Filed under: Mortgage articles 

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Mortgage rates slipped lower for the second straight week, according to the latest survey from mortgage financier Freddie Mac.

The ever-popular 30-year fixed averaged 5.04 percent during the week ending February 19, down from 5.16 percent a week earlier and 6.04 percent a year ago.

“Mortgage rates followed bond yields lower this week as recent economic reports suggest the economy is still slowing, Read more