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Latest news on mortgage rates – “they’re down”

Yes… They’re down… According to the latest report from Freddie Mac as of this morning, the average rate on a 30-year, fixed-rate mortgage fell to 3.99%  from 4.08% last week.  The historical low was 3.87%.  The average rate on a 15-year, fixed-rate loan fell to 3.23% from 3.30% last week. The Cribline suggest that if […]

Hot off the presses: Mortgage rates hit near-record low

Dear Cribline readers: More good news as we approach the spring house hunting season… mortgage rates declined to a near-record low of 3.88% from 3.90% (the record low is 3.87%). If you’re thinking about refinancing, you may want to pull the trigger… and if you’re looking for a house, this is great timing. Here’s the […]