Skip to content
Subscriber Only

U.S. Mortgage Rates Fall to a Four-Month Low

U.S. mortgage rates fell to a four-month low after a weaker-than-expected jobs report drove investors to the safety of the government bonds that guide borrowing costs.

The average rate for a 30-year fixed mortgage dropped to 4.13 percent the week ended today from 4.28 percent, Freddie Mac said in a statement. The average 15-year rate declined to 3.24 percent, from 3.33 percent.