Mortgage rates fall to new lows again – USATODAY.com

11 May

Image

http://www.usatoday.com/money/story/2012-05-10/mortgage-rates/54872986/1#.T60oKTG0Pig.tumblr

Cheap mortgage rates have made home-buying and refinancing more affordable than ever for those who can qualify.

Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year loans ticked down to 3.83%. That’s the lowest since long-term mortgages began in the 1950s. And it’s below the previous record rate of 3.84% reached last week.

 

Leave a comment

Design a site like this with WordPress.com
Get started