pushing mortgage rates lower

WASHINGTON | US average mortgage rates fall; 30-year loan at 4.75%

WASHINGTON — U.S. long-term mortgage rates fell this week amid a steep decline in stock prices. Continued slides in the stock market and tumbling oil prices have been pushing mortgage rates lower, although home borrowing rates remain much higher than a year ago. Mortgage giant Freddie Mac said Thursday the average rate on the benchmark … Continue reading WASHINGTON | US average mortgage rates fall; 30-year loan at 4.75%