US mortgage rates fall: 30-year at 2.91%

 
U.S. average rates on long-term mortgages fell this week, with historically low levels continuing to fuel demand for homes.
Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year home loan declined to 2.91% from 2.99% last week. By contrast, the rate averaged 3.58% a year ago.
The average rate on the 15-year fixed-rate mortgage fell to 2.46% from 2.54% last week.
Housing demand continues as one of few bright spots in the pandemic-hobbled economy, especially for