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Home / Government / Rates on 30-year mortgages match record low (9:58 a.m. 11/25/09)

Rates on 30-year mortgages match record low (9:58 a.m. 11/25/09)

McLEAN, Va. (AP) — Freddie Mac reports that average rates for 30-year fixed mortgages have matched a record low of 4.78 percent this week. Rates for 30-year mortgages hit an all-time low the week ending April 30. Since then, rates have hovered near 5 percent, spurring refinancing activity and home sales. However, credit standards remain stringent, so ...

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