30-year mortgage rate falls to 3.66 percent; 15-year below 3 percent
It's been another good week for prospective homebuyers and mortgage refinancers, as average fixed mortgage rates slipped for the third consecutive week, according to Freddie Mac.
30-year-mortgage Rate Falls To 3.66%
The average rate for a 30-year fixed-rate mortgage fell to 3.66% in the week that ended Jan. 15, hitting the lowest reading May 2013, from 3.73% in the prior week, according to a Thursday report from federally controlled mortgage-buyer Freddie Mac .