RATE NEWS SUMMARYFrom Freddie Mac's weekly survey: The 30-year fixed worsened by one basis point, landing at 3.90 percent from last week's 3.89 percent. Ditto for the 15-year, arriving at 3.10 percent from last week's 3.09 percent. BOTTOM LINEAssuming a borrower gets the average 30-year conforming fixed rate on a $417,000 loan, last year's rate of 4.12 percent and payment of $2,019 is $53 more than this week's payment of $1,966.http://goo.gl/IU8o5w
