Average 30 Year Fixed Mortgage Rates Continue To Be Under 3.5%

Both Freddie Mac and BankRate.com in its latest survey announced that the average 30 Year Fixed mortgage rates continue to be under 3.5%. While Freddie Mac reported a rate of 3.37% with 0.7 in points, BankRate.com reported 3.46%. Per Freddie Mac, rates went down 3 basis points from last week while Bankrate.com rates actually went up from last week. In my own experience as a Loan Officer, I have seen rates going up from last week, so the Bankrate.com survey to me looks more accurate. Note that these surveys are for loan amounts…
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