WASHINGTON – Dec. 16, 2011 – The average rate on the 30-year fixed mortgage has dropped to 3.94 percent, the record low set in October.
Low rates offer a historic opportunity for those who can afford to buy or refinance. Still, many people either can’t take advantage of the record-low rates or have already done so.
The rate on the 30-year home loan fell from 3.99 percent the previous week, Freddie Mac said Thursday. This week’s 3.94 percent average matches the lowest on records dating to the 1950s.
Cape Coral Florida
Provided by CapeCoralRealEstate
No comments:
Post a Comment