Mortgage Rates on 30-Year U.S. Loans Fall

U.S. mortgage rates were little changed as the Federal Reserve restated its plan to keep interest rates low for an “extended period.”

Rates for 30-year fixed loans slipped to 5.06 percent in the week ended today from 5.07 percent last week, Freddie Mac said in a statement. The average 15-year rate was 4.39 percent, the McLean, Virginia-based mortgage finance company said.
Read full article: http://www.businessweek.com/news/2010-04-29/mortgage-rates-on-30-year-u-s-loans-fall-to-5-06-update2-.html