Mortgage Rates Fall to New Record Lows
Posted on September 15, 2011 at 16:03 PM EDT
Freddie Mac reported today that the average rate on 30-year fixed mortgages fell to 4.09% this week, down from 4.12% last week, and the lowest rate since the early 1950s (see top chart below, news report here). The 15-year fixed rate fell to 3.30% this week from 3.33% last week, setting a new all-time record [...]