According to the latest Freddie Mac weekly mortgage market survey, mortgage rates have dropped to record lows once again. As of October 14th, the average commitment rate for a 30 year fixed rate loan was 4.19%. The rate for a 15 year fixed rate loan was 3.62%. Here's the trend over the last 20 weeks.
For our full mortgage update, check out the economic trends page at DaneCountyMarket.com.
Dan Miller, Realtor, Keller Williams Realty and www.DaneCountyMarket.com
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