Mortgage Rates Down Slightly
Freddie Mac’s Aug. 21 Primary Mortgage Market Survey showed that the 30-year fixed-rate mortgage stood at 4.10 percent, down two basis points from Aug. 14, when it stood at 4.12 percent.
In the third week of August 2013, this benchmark rate stood at 4.65 percent.
The 15-year fixed-rate fell a single basis point from Aug. 14’s 3.24 percent to 3.23 percent. A year ago during the third week of August, the 15-year fixed-rate mortgage averaged 3.60 percent.