30-year mortgage rates fall

Rates on 30-year fixed-rate mortgages averaged 6.04% this week, down from 6.46% last week and the lowest since the week of Sept. 18.

Rates on 15-year fixed-rate mortgages, popular with people who are refinancing, fell to 5.72% from 6.14%. Five-year adjustable-rate mortgages fell to 6.06% from 6.14%. One-year adjustable-rate mortgages rose to 5.23% from 5.16%.

These rates do not include add-on fees known as points. The nationwide fee for 30-year, 15-year and five-year mortgages averaged 0.6 point. One-year mortgages averaged 0.5 point.