Average rates on U.S. fixed mortgages fell for the second straight week, a welcome sign for homebuyers hoping to lock in lower rates that had spiked earlier this month.
Here’s a look at rates for fixed and adjustable mortgages this week and over the past year:
|Current avg.||Last week||52-week high||52-week low|
|All values in percentage points|
|Source: Freddie Mac Primary Mortgage Market Survey|