In its Primary Mortgage Market Survey for the week ending January 5, 2012, Freddie Mac reported that the 30-year fixed-rate mortgage (FRM) for the Northeast fell slightly, dropping form 3.96 percent to 3.93 percent with an average 0.7 point.
The 15-year FRM for the Northeast fell from 3.28 percent to 3.27 percent with an average 0.7 point.
Nationally, the 30-year FRM averaged 3.91 percent, down from 3.95 percent the week prior, while the 15-year FRM fell slightly from 3.24 percent to 3.23 percent.