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! http://money.cnn.com/2011/10/06/real_estate/mortgage_rates/index.htm