Mortgage Rates Continue to Fall
Diana Heeb Bivona
The Bankrate.com weekly survey of lenders for the week ending September 28th, reports that mortgage rates fell. The 30-year fixed-rate mortgage fell 15 basis points to 6.29 percent. One year ago, the mortgage index was 5.97 percent; four weeks ago, it was 6.49 percent. The 15-year fixed-rate mortgage fell 16 basis points to 5.96 percent. The 5/1 adjustable-rate mortgage fell 12 basis points to 6.07 percent.
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