Financial Glossary
Mortgage Rates Hold Near Lows
Average fixed mortgage rates in the U.S. over the past week kicked off the new year at or near record lows, according to Freddie Mac’s weekly survey of mortgage rates. The firm noted the rate for a 30-year fixed-rate mortgage during the period matched its all-time low, making it the fifth straight week the rate has averaged below 4%. The 30-year
