Average 30-year mortgage rate drops to 4.95%, Freddie Mac says
By E. Scott Reckard
Published in Los Angeles Times
March 12, 2010
The average interest rate on a 30-year fixed-rate mortgage dropped to 4.95% this week from 4.97% last week, Freddie Mac said Thursday. The mortgage giant’s weekly survey asks lenders what rates they were offering — and the upfront fees they would charge — for borrowers with good credit and a 20% down payment.