Average rate on 30-year US mortgage stays 4.4 pct.

Published August 15, 2013 3:52pm ET



WASHINGTON (AP) — Average rates on U.S. long-term fixed mortgages remained steady for a second straight week, giving prospective home buyers more time to lock in historically low levels.

Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan remained unchanged at 4.4 percent this week. That is a full percentage point higher than in early May, when rates neared record lows. Still, rates remain low by historical standards.

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