Pricing on residential financing products was better this past week, and all of the latest indications are that they will be similar in the next rate report.

Thirty-year fixed rates were 4.12 percent in the week ended Jan. 12, according to the Primary Mortgage Market Survey reported by Freddie Mac.

The average improved compared to the previous week, when the 30 year landed at 4.20 percent. It was the second consecutive week that rates fell.

Source: Mortgage Daily