Mortgage Rates are lower than last year at this time.

Freddie Mac reported that 30-year fixed-rate mortgages averaged 6.14 percent last week unchanged from the previous week. A year ago rates on 30-year mortgages were at 6.34 percent.
The economy added 97,000 jobs in February but retail sales were sluggish with only a .1percent growth.
The lower rates are thought to have spurred on more buyers to enter back into the real estate market.