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Mortgage rates fall near record lows

Posted by Bonnie Martin Designated Broker on Friday, December 14th, 2012 at 6:53am. - Average rates on fixed mortgages fell this week near record lows.

Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan dipped to 3.32%. That's below last week's 3.34%. And it's just above 3.31%, lowest rate on records dating to 1971.

The average on the 15-year fixed mortgage declined to 2.66% from 2.67% last week. The record low is 2.63%

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