For the fourth week in a row, interest rates on residential loans moved little. But it looks like a decline could be ahead in the next report.
Freddie Mac reported in its Primary Mortgage Market Survey for the week ended Feb. 23 that 30-year fixed rates averaged 4.16 percent.
Rates on home loans were hardly different than the prior week, when the average was 4.15 percent. The average was 3.62 percent a year earlier.
Source: Mortgage Daily
