Average 30-Year Mortgage Rate Dips To 4.39% - Presented by: The Aol. On Network

Average U.S. rates for fixed mortgages dipped slightly this week. Mortgage buyer Freddie Mac says the average for the 30-year loan declined to 4.39% from 4.41% last week. The increase was driven by speculation that the Federal Reserve would reduce its $85 billion a month in bond purchases. The rise in mortgage rates and higher home prices slowed sales of existing homes, which have fallen for three straight months.



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As of 10/1/2014, 04:15 PM
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