Mortgage rates remaining steady - KWWL - Eastern Iowa Breaking News, Weather, Closings

Mortgage rates remaining steady

Fixed mortgage rates were essentially unchanged this week, as the average rate on the 30-year fixed loan stayed below 5 percent.

Freddie Mac says the rate on the 30-year fixed mortgage rose to 4.87 percent from 4.86 percent the previous week.  It hit a 40-year low of 4.17 percent in November.


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