It’s become a pattern – the weekly surveys of mortgage rates each week announce that rates have fallen to yet another all-time low.

On Wednesday, it was the weekly Bankrate.com mortgage rate survey; yesterday, it was the weekly mortgage rate survey conducted by Freddie Mac.

While an uptick in new home sales buoyed the U.S. real estate market in the second quarter, adding 0.6 percent to total GDP growth, overall growth was weak – only 2.4 percent. That has helped keep down inflationary pressure and thus kept mortgage rates low.

All three types of mortgages hit all-time lows in this week’s Freddie Mac Primary Mortgage Market Survey. The rate for 30-year fixed-rate mortgages averaged 4.49 percent with 0.7 points, down 5 basis points from last week to the lowest level since Freddie Mac began surveying 30-year home loans in 1971. For 15-year fixed rate mortgages, rates averaged 3.95 percent with 0.6 points, down 5 basis points to the lowest level since the 15-year mortgage survey began in 1991, and five-year adjustable-rate mortgages averaged 3.63 percent with 0.6 points, down 13 basis points to the lowest level since the start of the ARM survey in 2005.
Today’s Mortgage Rates at a Glance

The Bankrate.com overnight average mortgage rates for August 6 are: 30-year fixed rate, 4.57 percent, down 2 basis points from one week ago and unchanged from; 15-year fixed rate, 4.03 percent, down 2 basis points from a week ago and up 6 points from yesterday; 5/1 adjustable rate mortgage, 3.60 percent, down 4 basis points from last week and unchanged from yesterday. 30-year fixed rate refinance loans averaged 4.42 percent, down 3 basis points from last week.

Today’s Zillow.com report on end-of-day mortgage rate averages has the average rate for 30-year fixed-rate mortgages at 4.33 percent, up 1 basis point from the day before. As of 8:15 a.m., the moving average for 30-year loans in Zillow.com’s Mortgage Marketplace also stands at 4.33 percent. Today’s Zillow survey has 15-year fixed rate mortgages averaging 3.86 percent, unchanged from yesterday; the 8:15 a.m. moving average stood at 3.88 percent, up 2 basis points from yesterday’s day-end figure and up 4 points from the same time yesterday. Yesterday’s rate for 5/1 ARMs was 3.27 percent, unchanged from yesterday, while the 8:15 a.m. moving average stood at 3.32 percent, up 7 points from this time yesterday and 5 from yesterday’s day-end figures.

Here are today’s home loan rates from Wells Fargo for conforming loans: 30-year fixed, 4.5 percent for both regular and FHA-guaranteed mortgages; 15-year fixed, 3. 75 percent; 5-year adjustable, 2.875 percent regular, 3.125 percent FHA. The mortgage rates quoted here are for loans with a 1 percent origination fee.