Mortgage rates dipped into record territory again, with the 15-year fixed-rate falling to its lowest level in 60 years and the 30-year fixed- rate just a tick off its own record.
A popular choice among homeowners looking to refinance, 15-year, fixed- rate mortgages averaged 3.13% last week, down slightly from the record low of 3.14% set in early February, according to Freddie Mac. The average rate on 30-year fixed-rate mortgage fell to an average of 3.88%, a mere 0.01 percentage points above its previous record low.
Read More: http://money.cnn.com/2012/03/08/real_estate/mortgage-rates/index.htm
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