"Mortgage rates sink to record low
National average for a 30-year fixed loan dips to 4.69 percent
BREAKING NEWS
updated 52 minutes ago
Mortgage Rates fell this week to the lowest level on record, giving consumers added incentive to lock in low payments on home purchases and refinancings.
Mortgage Company Freddie Mac said Thursday that the average rate for 30-year fixed loans sank to 4.69 percent, from 4.75 percent last week.
That's the lowest since Freddie Mac began tracking rates in 1971. The previous record of 4.71 percent was set in December. Rates for 15-year and five-year mortgages also hit lows."
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