Diane Alter – AHN News Reporter

NYC, NY, United States (AHN) – In a week that was volatile and turbulent for equities, mortgage rates appeared to be the one dull spot.

According to mortgage giant Freddie Mac, mortgage rates were largely unchanged over the past week.

The 30-year fixed rate mortgage averaged 4.09 percent for the week ending Thursday, unchanged from the prior week, and down 4.37 percent from a year earlier

Rates on 15-year fixed rate mortgages averaged 3.29 percent, down 3.82 percent from last year.

Global markets plunged during the week and U.S. equities also tumbled. In early afternoon trading on Friday, markets were choppy off about 22 points.

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