Mortgage Activity Dips, But Interest Rates Are Still At Record Lows

Mortgage Activity Dips, But Interest Rates Are Still At Record Lows

Mortgage rates are at the lowest point on record, but both home purchase and refinances slowed this … [+] week.

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Mortgage rates are still at all-time lows. According to the latest data from Freddie Mac, the average interest rate on a 30-year mortgage is just 3.13%—holding steady from last week and the lowest rate on record in at least 49 years.

Rates on 15-year loans have also…

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