Freddie’s Weekly Mortgage Rate Dips Below 5%

Freddie Mac’s (FRE: 1.25 +2.46%) survey of mortgage rates saw a key long-term fixed rate dip back below 5% this week. Freddie Mac said the average rate for a 30-year fixed-rate mortgage (FRM) was 4.98% with an average 0.7 point, down from an average 5.03% the previous week. One year ago, the average rate for a [...]...