By Mary Ellen Podmolik
(MCT)–A week of few economic reports helped nudge down mortgage interest rates last week.
The average rate on a 30-year, fixed-rate mortgage last week was back at its 2014 low of 4.12 percent, down from 4.14 percent the week prior and 4.40 percent in the same week a year ago, according to Freddie Mac’s weekly survey.
On a 15-year, fixed-rate mortgage, the average rate last week of 3.24 percent compared with 3.27 percent the week prior and 3.44 percent a year ago.
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