Karen Arbutine & Associates

Freddie Mac States Interest Rates at 3.75%

Mon, Mar 09, 2015 at 12:31PM

Mortgage-interest rates fell for the first time in four weeks.  Freddie Mac's survey shows lenders offering conventional 30 year fixed rate loans at an average of

3.75%.  This figure is down from 3.8% a week ago.  A downward revision of fourth quarter economic growth figures as well as a decline in consumer prices has contributed to the easing of interest rates.

Interest rates for a 30 year fixed loan have been consistent below 4% since late November


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