Fixed mortgage rates stay near annual lows

7/1/2011

WASHINGTON — Fixed mortgage rates were mostly unchanged this week, hovering near their annual lows.

Freddie Mac says the average rate on the 30-year loan rose slightly to 4.51 percent. It hit its lowest level of the year three weeks ago, at 4.49 percent.

The average rate on the 15-year fixed mortgage, a popular refinancing option, stayed at 3.69 percent. It reached its low point of the year two weeks ago, at 3.67 percent.