Rates on 15-year new purchase loans fell even more significantly last week, plunging 16 basis points to average 5.98% Friday.

Rates on 30-year mortgages ticked up a minimal 1 basis point Friday after four days of decline, finishing the week at a 6.84% average. That's just barely above the cheapest level registered since ...

This chart shows how 30-year and 15-year rates have trended over the last year, according to Freddie Mac data. Most borrowers get a conventional loan, which means the mortgage isn't backed by a ...