30-year fixed rate mortgages are now down to 5.01 percent, according to Freddie Mac's most recent Primary Mortgage Market Survey. That's down from just last week when it averaged 5.10 percent. This is the lowest it's been since Freddie Mac began conducting the survey in 1971.
More info after the jump...
The 15-year fixed rate mortgage is also down from last week - currently at 4.62 percent.
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