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Average 30-year mortgage rate at 4.12%

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From USA TODAY, The Associated Press 12:59pm EDT August 14, 2014

Washington (AP) – Average long-term U.S. mortgage rates declined this week, approaching their lows for the year.

Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year loan slipped to 4.12% from 4.14% last week. The average for a 15-year mortgage, a popular choice for people who are refinancing, fell to 3.24% from 3.27% last week.   Read the full article.

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