Subscribe Register Login

Thursday, July 02, 2015, 4:49 a.m.
Top Picks - Arkansas Daily Deal

30-year mortgage rate drops to 3.51%

By The Associated Press

This article was published February 28, 2013 at 10:30 a.m.

— Average U.S. rates on fixed mortgages moved closer to historic lows this week, a trend that has helped drive a rebound in home sales.

Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year fixed mortgage declined to 3.51 percent from 3.56 percent last week. That’s near the 3.31 percent rate reached in November, the lowest on records dating to 1971.

The average rate on the 15-year fixed mortgage slipped to 2.76 percent from 2.77 last week. The record low is 2.63 percent.

Comments on: 30-year mortgage rate drops to 3.51%

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.


Top Picks - Arkansas Daily Deal
Arkansas Online