Home Mortgage Rates Dip: Fixed-rate home mortgages...
Home Mortgage Rates Dip: Fixed-rate home mortgages are averaging 10.99%, according to a national survey by the Federal Home Loan Mortgage Corp. That rate was down from a rate of 11.11% last week. On one-year adjustable-rate mortgages, lenders were asking an average initial rate of 9.40% this week, down from 9.41% the week before, Freddie Mac said.
