Many real estate industry professionals have recently expressed concern that rising mortgage interest rates would slow the real estate recovery around the United States. There's one problem with that theory: Mortgage interest rates have declined slightly over the last couple of weeks.
The average interest rate for 30-year, fixed-rate home loans in the United States declined to 4.32 percent this week, the Detroit Free Press reported September 26, 2013. Freddie Mac provided the data.