Mortgage-interest rates fell for the first time in four weeks. Freddie Mac's survey shows lenders offering conventional 30 year fixed rate loans at an average of
3.75%. This figure is down from 3.8% a week ago. A downward revision of fourth quarter economic growth figures as well as a decline in consumer prices has contributed to the easing of interest rates.
Interest rates for a 30 year fixed loan have been consistent below 4% since late November