Morning Minute: Mortgage rates fall slightly, still close to record lows

Freddie Mac reports today that mortgage rates dipped slightly compared to last week and continue to remain near record lows.  A 30-year fixed-rate mortgage averaged 3.32 percent, down from 3.34 percent. A 15-year fixed-rate mortgage averaged 2.66 percent, down from last week’s 2.67 percent. Read the news release from Freddie Mac.

In other news:

The right scent sniffs out buyersChicago Tribune

Suburbs collaborate to rehab abandoned and foreclosed housingOak Leaves

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About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.

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