Mortgage Rates Fall: Rates for 30-year, fixed...
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Mortgage Rates Fall: Rates for 30-year, fixed mortgages fell 0.24 percentage points and adjustable-rate mortgages fell 0.08 percentage points, the Federal Home Loan Mortgage Corp. said. The agency, which buys mortgages from lenders and packages them as securities for sale to investors, said interest on fixed-rate loans fell to 10.69% last week, down from 10.93% the week before. Adjustable-rate mortgages fell to 9.28%, down from 9.36%, the agency said.
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