Mortgage Rates Hit Record Low: 30 Year Mortgage Rates at 4.69%, 15 Year Mortgage Rates at 4.13%

Mortgage rates hit a record low (except 1 year ARMs) in the most recent Primary Mortgage Market Survey released by Freddie Mac yesterday morning. 30 year fixed conforming mortgage rates are down to 4.69 percent for the week ending June 24, 2010, a decline from the previous week’s average 30 year mortgage rate of 4.75 percent. Mortgage discount points remained unchanged at 0.7 points.