US mortgage rates decline to near record lows - 13 WTHR Indianapolis

US mortgage rates decline to near record lows

Posted: Updated:
WASHINGTON, DC -

The average rate on the U.S. 30-year fixed mortgage last week dipped closer to the lowest on record, a trend that is making home buying more affordable and also enabling more Americans to refinance their loans.

Mortgage buyer Freddie Mac says the average rate on a 30-year loan declined to 3.35 percent from 3.37 percent last week. That's not far from the 3.31 percent rate of about a month ago, the lowest on records dating to 1971.

The average on the 15-year fixed mortgage was unchanged at 2.65 percent. The record low is 2.63 percent.

The 30-year fixed mortgage rate averaged 3.66 percent this year, Freddie Mac said, the lowest annual average in 65 years.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Most Popular StoriesMost Popular Stories

  • Monday, May 20 2013 6:45 AM EDT2013-05-20 10:45:09 GMT
    The Indiana Pacers return to practice on Monday, getting ready for game one of the Eastern Conference Finals and the Miami Heat. The Pacers are coming off an electrifying win Saturday night at Bankers
    The Indiana Pacers return to practice on Monday, getting ready for game one of the Eastern Conference Finals and the Miami Heat. The Pacers are coming off an electrifying win Saturday night at Bankers
  • Monday, May 20 2013 7:27 AM EDT2013-05-20 11:27:10 GMT
    If you're accustomed to free parking in Speedway during the Indianapolis 500, you may have to rethink your plans. New restrictions for some residential streets around the track are in place.. And if you
    If you're accustomed to free parking in Speedway during the Indianapolis 500, you may have to rethink your plans. New restrictions for some residential streets around the track are in place.. And if you violate them, it could cost you.
  • Monday, May 20 2013 8:53 AM EDT2013-05-20 12:53:06 GMT
    There could be bumping at Indianapolis this weekend. Schmidt Peterson Motorsports said Saturday afternoon that it has hired British driver Katherine Legge to drive the No. 81 car. That gives Indianapolis
    British driver Katherine Legge has become the 33rd driver to qualify for next week's Indianapolis 500, assuring race organizers of a full field.
Powered by WorldNow
Links to the FCC website to view WTHR and/or WALV’s on-line public inspection files:
WTHR: https://stations.fcc.gov/station-profile/WTHR   ||   WALV: https://stations.fcc.gov/station-profile/WALV
Individuals with disabilities may contact Jill Pursell at publicfile@wthr.com, or 317.655.5602, for assistance with access to the public inspection files.
Powered by WorldNowAll content © Copyright 2000 - 2013 WorldNow and WTHR. For more information on this site, please read our Privacy Policy and Terms of Service.