Freddie Mac

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Rates Continue Drop from June High 

Jul 02, 2009By

Average mortgage rates dipped for almost each category in the week ending July 2, according to a weekly survey released today by the mortgage giant Freddie Mac [stock FRE][/stock]. The average 30-year fixed mortgage rate (FRM) dropped to 5.32% with an average .7 point, down from 5.42% for last week. 15-year FRMs averaged 4.77% with .7 point, dropping from 4.87% last week.

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Updated 11 months ago