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National mortgage rate steady at 3.53 percent

WASHINGTON – The average U.S. rate on the 30-year fixed mortgage was unchanged this week near historic lows, while the average rate on the 15-year loan fell.

Published: Feb. 8, 2013 at 12:05 a.m. PST
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WASHINGTON – The average U.S. rate on the 30-year fixed mortgage was unchanged this week near historic lows, while the average rate on the 15-year loan fell.

Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan stayed at 3.53 percent. That’s still near the 3.31 percent rate reached in November, the lowest in records dating to 1971.

The rate on the 15-year fixed mortgage dropped to 2.77 percent from 2.81 percent last week. The record low is 2.63 percent.

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