Posts with tag historic low rates

It's back to the future for homeowners, as Freddie Mac announces that mortgage interest rates are now at their lowest point since 1951. Americans' bread and butter, the 30-year fixed rate loan, dropped to an average of 4.19 percent this week, down from 4.27 percent a week prior. Fifteen-year loans slid from 3.72 percent... Continue Reading »

Interest rates keep breaking records, dropping lower and lower, week after week. Fear of deflation and a double-dip recession pushed the average interest rate for a 30-year, fixed-rate home loan down to 4.42 percent, with an average origination fee of 0.7 percent. That's the lowest average rate since Freddie Mac began... Continue Reading »