Win McNamee/Getty Images
Fixed mortgage rates wandered downward for the first time in three weeks, according to the latest data released Thursday by Freddie Mac.
The 30-year fixed-rate average dropped to 4.42 percent with an average 0.7 point after climbing 24 basis points in the past two weeks. It was down from 4.46 percent a week ago but up from 3.32 percent a year ago. Since spiking to 4.58 percent in late August, the 30-year fixed rate has bounced around between 4.57 percent and 4.1 percent.
The 15-year fixed-rate average edged down to 3.43 percent with an average 0.7 point. It was 3.47 percent a week ago and 2.66 percent a year ago. The 15-year fixed rate has remained below 3.5 percent since late September.
Hybrid adjustable rate mortgages…