Mortgage Rate Falls to 4.52%

Financing

According to Freddie Mac, interest rates have declined in five of the past six weeks and that offers some relief to home buyers in the market.

The average rate on a 30-year, fixed rate mortgage dropped to 4.52 and the average rate for a 15-year, fixed-rate loan decreased to 3.99. To calculate rates, Freddie Mac surveys lenders throughout the country on a twice-weekly basis.

Home buyers are happy!

Call me for a referral to a mortgage specialist.