Nation: Mortgage Rates Hit 6-Week Low!

Rates on 30-year mortgages fell this week to the lowest level in six weeks. Freddie Mac reported Thursday that 30-year, fixed-rate mortgages averaged 6.22 percent this week compared to 6.30 last week. The decline was only the second since early December. It pushed rates to the lowest level since the 6.21 rate of the week of Jan. 11. One year ago, rates on 30-year mortgages stood at 6.26 percent.