Article: Freddie Mac Says Mortgage Rates Remain Near Seven-Month Lows.

The Hartford Courant, Conn. Knight Ridder/Tribune Business News

Mar. 5--Mortgage rates continued to hover near seven-month lows this week, according to Freddie Mac's Primary Mortgage Market Survey.

Thirty-year, fixed-rate mortgages averaged 5.59 percent, with an average of 0.7 points, compared with 5.58 percent last week. A year ago, 30-year, fixed-rate home loans averaged 5.67 percent.

The average for 15-year, fixed-rate mortgages was 4.88 percent, with an average of 0.7 points, compared with 4.89 percent last week. A year ago, 15-year, fixed-rate home loans averaged 5.01 percent.

Frank Nothaft, Freddie Mac's chief economist, said ...

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