Wood News

Fixed mortgage rates dip to begin 2013



PORTLAND, OR , Jan. 3, 2013 (RISI) - 

In Freddie Mac's Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 3.34% with an average 0.7 point for the week ending January 3, 2013, down from the prior week when it averaged 3.35%. Last year at this time, the 30-year FRM averaged 3.91%.

The 15-year FRM averaged 2.64% with an average 0.7 point, down from 2.65%. A year ago at this time, the 15-year FRM averaged 3.23%.

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