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30-Year Mortgage Rate Nears All Time Low
Tuesday, April 28, 2015 6:45 AM

The average rate on a 30-year fixed-rate mortgage for borrowers with good credit is now just a third of a point above the all-time low set in late 2012.

Freddie Mac’s weekly rate report says a 30-year fix averaged 3.65 percent in the week ending April 23, down from 3.67 percent last week. A year ago, 30-year rates averaged 4.33 percent.

A 15-year fix fell to 2.92 percent last week. A one-year adjustable-rate mortgage fell to an average of 2.44 percent.

 

Source:  Freddie Mac, 24 April 2015