Mortgage Rates Fall for Sixth Straight Week
Press release from the issuing company
Friday, July 30th, 2010
Long-term mortgage rates fell for the sixth straight week this week.
Freddie Mac (OTC BB: FMCC), which has offices in Atlanta, said the average rate on a 30-year fixed-rate mortgage was 4.54 percent in the week ending July 29. A 15-year fixed-rate mortgage fell to 4.0 percent. Those are the lowest rates since Freddie Mac began keeping track.