Morning Minute: Mortgage rates fall to four-month low

Freddie Mac reports this morning that fixed mortgage rates fell this week, marking a four-month low. The 30-year, fixed-rate mortgage  averaged 4.13 percent, a drop from last week’s 4.28 percent. The 15-year, fixed-rate averaged 3.24 percent, down from 3.33 percent the week before. Read the full release from Freddie Mac.

In other headlines:

App Helps Make Sense Of Chicago’s Many Neighborhoods – CBS-2

New home buyers seek great rooms, spas, connectivity – Lincoln Courier (via Sacramento Bee)

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About Stephanie Sievers

Stephanie Sievers is Associate Editor for the Illinois Association of REALTORS®. She serves as Associate 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.