Again, Mortgage Rates Settle

For the fourth time in five weeks, mortgage rates have settled, with the average 30-year, fixed mortgage at 4.55 percent, a decline from 4.57 percent the prior week, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®).
The average 15-year, fixed mortgage was at a 4.04 percent rate, flat from the prior week, but the average five-year, Treasury-indexed hybrid adjustable mortgage was at a 3.87 percent rate, up from 3.83 percent the prior week.
“The decrease in bor