Home & Consumer / ArcaMax

Mortgage rates tick downward

A week of few economic reports helped nudge down mortgage interest rates this week. The average rate on a 30-year, fixed-rate mortgage this week was back at its 2014 low of 4.12 percent, down from 4.14 percent last week 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 this week of 3.24 percent compared with 3.27 percent last week and 3.44 percent a year ago. (c)2014 Chicago Tribune Visit the Chicago Tribune at www.chicagotribune.com Distributed by MCT Information Services



Video Headlines

How to Make Homemade Potpourri
5:30
5 Easy Summer Party Ideas
3:16
How to Upcycle a Keepsake Scarf Into Personalized Wall Art
2:23
How to Turn an Old Attache Case Into a Mountable Mail ...
1:18

Home & Consumer Features

Home & Consumer Columnist