Mortgage Rates Decrease: 30 Year Mortgage Rates at 4.97%

Mortgage rates were down in the latest mortgage survey released yesterday. 30 year fixed mortgage rates are back under 5.00 percent at 4.97 percent for the week ending March 4, 2010. Last week 30 year mortgage rates were averaging 5.05 percent. Average mortgage discount points were unchanged at 0.7 points.