It’s time for another mortgage rate update!  According to Freddie Mac’s weekly Primary Mortgage Market Survey, mortgage interest rates have been on a steady decline since at least the first week of the New Year.  Now, during the week of February 18, 2010, the average interest rate on a fixed-rate mortgage has fallen to 4.93%!  And, the lowest rate available is still on the one year adjustable rate mortgages at 4.23%.  With press like this from the Phoenix Business Journal, and the continuing coverage of the first-time home buyer tax credit and repeat buyer tax credit, more home buyers are sure to enter the real estate market in 2010.