Morning Minute: Mortgage rates continue to hover at or near record lows, Freddie Mac reports

Good news for homebuyers and owners seeking to refinance, fixed mortgage rates moved lower for the fourth consecutive week and continued to support the ongoing housing recovery, Freddie Mac reported Thursday.

The 30-year fixed-rate mortgage averaged 3.40 percent, down slightly from last week’s 3.41 percent, while the 15-year rate hit an all-time record low at 2.61 percent.

Some of today’s headlines:

Ill. county recorders to split $3.3M settlement – Daily Herald

Home equity loans staging a comeback – Chicago Tribune

Homeowners near CTA stations get a property price boost, study says – Medill News Service

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