Mortgage Rates Continue to Hover Near Yearly Lows

Mortgage rates showed little movement once again this week, continuing to hover near yearly lows, according to the latest data released Thursday by Freddie Mac. The 30-year fixed-rate average bumped up to 4.14 percent with an average 0.7 point. It hit its yearly low of 4.12 percent a week ago and was 4.4 percent a…

Good News for Homebuyers: Mortgage Rates Dip Lower

As the spring home-buying season commences, good news comes on the mortgage front. Mortgage rates dropped this past week, according to Freddie Mac. The group reported a 30-year fixed-rate mortgage averaged 4.34 percent in the week ending April 10, down from 4.41 percent last week. A year ago, 30-year rates averaged 3.43 percent. Lower mortgage…