The average rate on a 30-year fixed rate mortgage fell to 6.04% during the week ending November 20 from 6.14% the week before and 6.20% the same week a year ago, according to Freddie Mac. The average rate on a 15-year FRM dropped to 5.73% from 5.81% the previous week and from 5.83% a year ago, the average rate on a five-year Treasury-indexed hybrid adjustable-rate mortgage slipped to 5.87% from the previous week's 5.98% and 5.88% a year ago, and the average rate on a one-year Treasury-indexed ARM slipped downward to 5.33% from 5.29% a week ago and 5.42% a year ago. Average points were 0.7 for 30- and 15-year FRMs, 0.6 for five-year hybrids and 0.5 for one-year ARMs. Freddie Mac can be found online at http://www.freddiemac.com.
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