mortgage rates

Record Low For Mortgage Rates
Record Low For Mortgage Rates
Record Low For Mortgage Rates
WASHINGTON (AP) — The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed. Mortgage buyer Freddie Mac says the rate on the 30-year loan dropped to 3...
Mortgage Rates Hit All Time Low
Mortgage Rates Hit All Time Low
Mortgage Rates Hit All Time Low
WASHINGTON (AP) — The average rate on the 30-year fixed mortgage this week fell below 4 percent for the first time ever, to 3.94 percent. For those who can qualify, it's an extraordinary opportunity to buy or refinance. And mortgage rates could fall even further now that the Federal Reserve plans to reshuffle its portfolio of securities to try and lower long-term rates...