Fixed Term Mortgage Rates Lower and Adjustable Mortgage Rates Mixed in Latest Mortgage Survey

Fixed rate mortgages are lower and adjustable rate mortgages are mixed the latest mortgage survey released this morning by Freddie Mac. In the Primary Mortgage Market Survey, fixed conforming 30 year mortgage rates are averaging 5.00 percent for the week ending February 17, 2011, down from the prior week's average of 5.05 percent. Average mortgage discount points on 30 year mortgages were unchanged at 0.7 points.