Mortgage rates dip for third straight week Freddie Mac reports interest on a 30-year fixed rate loan is 6.35 percent

The Associated Press

Rates on 30-year mortgages fell for a third straight week, dropping to the lowest level since mid-July.

Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages dipped to 6.35 percent this week, down from 6.40 percent, the previous week. It marked the third consecutive decline and left rates at the lowest level since July 17 when they stood at 6.26 percent.

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