Madison McCutcheon

NMLS # 1705889

757-366-8690

madison@tidewaterhomefunding.com

Madison McCutcheon Mortgage Advisor

30 & 15 Year Mortgage Rates Return to Record Lows

30 & 15 Year Mortgage Rates Return to Record Lows

According to Freddie Mac's Weekly Primary Mortgage Market Survey the average on the 30-year loan rate remained at 3.66%*.  That is unchanged from the previous week, and still the lowest weekly average since long-term mortgages began in the 1950's.

The weekly average rate on the 15-year mortgage dropped back to 2.94%*, matching the record low set three weeks ago.

 

http://www.freddiemac.com/pmms/