Mortgage Rates For The Year At Lowest Rate Since 1947

V. Dion Haynes, Washington Post
Thu, 12/27/2012 - 8:00am

Mortgage rates, which took some dramatic dips in 2012, were among the lowest on record this year, according to data released by Freddie Mac on Thursday. The 30-year fixed-rate average dropped to 3.35 percent, down 0.7 from the week before. It is substantially lower than the 3.95 percent level it reached during the final week of 2011.

Sections: news business

Topics: freddie mac housing market mortgage rates real estate records

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