Mortgage Rates Drop to Three-Month Lows
Freddie Mac reported that 30-year fixed home loans moved down this week to 6.52 percent, from 6.62 percent a week ago. That’s the lowest level in three months. Meanwhile, interest rates on 15-year fixed mortgages dropped to 6.18 percent from last week’s average of 6.3 percent.
Source: San Diego Union-Tribune (08/24/07)
