Saturday, March 31, 2012

INTEREST RATES DOWN THIS PAST WEEK

- AVERAGE RATE FOR 30-YEAR MORTGAGES DIPS BELOW 4%

Mortgage rates fell below 4 percent for the popular 30-year loan during most of the recent week, according to Freddie Mac.

The national average rate for a 30-year, fixed-rate home loan stood at 3.99 percent for the week that ended yesterday, down from 4.08 percent the week before.

The 15-year, fixed-rate loan averaged 3.23 percent, down from the previous week's average of 3.3 percent.

~ The Columbus Dispatch, March 30, 2012 ~

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