Posted by Maria Gomez on October 10, 2011
Mortgage Rates Fall Below 4% – Lowest on Record
Archived Under: Buyers / Mortgages
The average 30-year mortgage dropped to 3.94% last week according to Freddie Mac’s weekly rate survey released on Thursday. Freddie Mac says the rates are the lowest since its survey began in 1971 when rates for 30-year mortgages were as low as 4%, but not lower. This can result in considerable savings for buyers. Take advantage of the opportunity and contact a FARE Agent to get started!