Freddie Mac: Mortgage rates approaching record lows

Last week's Freddie Mac Primary Mortgage Market Survey showed that average fixed mortgage rates dropped to new 2016 lows in the wake of the Brexit vote. At 3.41 percent, the 30-year fixed-rate mortgage is just 10 basis points from its November 2012 all-time record low of 3.31 percent. Read more about the July 7 report here.