Mortgage rate at record low 4.01
Friday, September 30, 2011
Fixed mortgage rates have fallen to historic new lows for a fourth straight week and are likely to fall further. The average on a 30-year fixed mortgage fell to 4.01 percent. The average on a 15year fixed mortgage ticked down to 3.28 percent. Economists say that is the lowest rate ever. From an articel in the Tulsa World.