Mortgage rates fall to new low
Press release from the issuing company
Friday, June 25th, 2010
Long-term mortgage rates fell to the lowest levels since Freddie Mac began keeping track this week.
Freddie Mac (NYSE: FRE), which has a regional office in Atlanta, said in its weekly rate report a 30-year fixed-rate mortgage averaged 4.69 percent in the week ending June 24, down from 4.75 percent last week. A year ago, 30-year mortgages averaged 5.42 percent. (read more at Atlanta Business Chronicle)