Freddie Mac reports a drop in the 30-year fixed mortgage rate to 5.22 percent during the week ended Aug. 6 from 5.25 percent the prior week. Over the same period,the 15-year fixed-mortgage rate slipped to 4.63 percent from 4.69 percent. As for adjustable-mortgage rates,the five-year fell to 4.73 percent from 4.75 percent,and the one-year dipped to 4.78 percent from 4.80 percent.
[SOURCES:Freddie Mac;Information,Inc.]
