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US long-term mortgage rates steady; 30-year at 3.65%

“Mortgage rates have been running near historic lows, though average rates for the key 30-year loan showed volatile swings last month” writes The Associated Press for seattletimes.com. Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year, fixed-rate mortgage edged up to 3.65% from 3.64% last week.WASHINGTON (AP) — U.S. long-term mortgage rates held steady this week, offering a potential boon to homebuyers amid an uncertain economic outlook.Freddie Mac surveys lenders across the country between Monday and Wednesday each week to compile its mortgage rate figures.The average fee for the 15-year mortgage also held steady, at 0.5 point.
 
Source: seattletimes.com



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