Daily Real Estate News  |  July 16, 2010  

Rates on conventional mortgage loans were essentially flat this week, according to Freddie Mac. The average rate for 30-year fixed mortgages didn’t move from last week’s record-low figure of 4.57 percent.

Also, rates on 15-year fixed mortgages reached a new record low this week, falling slightly to 4.06 percent from 4.07 percent last week.