Iowa Bankers Association Iowa Bankers Insurance & Services, Inc.
Iowa Bankers Association
8800 NW 62nd Avenue
Johnston, IA 50131
Toll-Free: 800-532-1423
Local: 515-286-4300
Fax: 515-280-4140

Mortgage Rates Pull Back on Weak Inflation Data

:Mortgage Rates Pull Back on Weak Inflation Data

After a month of increases, mortgage rates retreated this week. According to latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 4.14 percent with an average 0.5 point. It was 4.20 percent a week ago and 4.55 percent a year ago. (MBA mention)

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