Mortgage rates have remained steady in recent weeks, keeping borrowing costs near 2014 record lows.  Freddie Mac reports the following national averages for mortgage rates ending July 31st.

30-year fixed-rate mortgages averaged 4.12%.  Last year at this time rates averaged 4.39%.

15-year fixed-rate mortgages averaged 3.12%.  Last year at this time rates averaged 4.39%.