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U.S. mortgage rates fall slightly

(BIZ Journals) - 1 years ago
 U.S. mortgage rates inched lower this week, according to Freddie Mac. The 30-year fixed mortgage averaged 3.9 percent for the week ending Nov. 30, down from 3.92 percent the previous week. A year ago, mortgage rates stood at 4.08 percent. Favorable mortgage rates have helped propel U.S. home sales, as well as the refinance market. “The 30-year fixed mortgage rate fell two basis points to 3.9 percent in this week’s survey, but we closed our survey prior to a surge in long-term inte...
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