Mortgage Rates Are Falling

Mortgage rates have fallen on news of the housing market slowdown - 30-year fixed-rate mortgage declined to 6.22 percent from 6.30 percent, which is on par with rates a year ago.

NEW YORK (CNNMoney.com) -- Mortgage rates fell in the past week as lenders showed concern for the effect the slowing housing market would have on the economy, according to a survey released Thursday.