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Rates For A 30-YR Fixed Drop Below 4%

Mortgage News > Rates For A 30-YR Fixed Drop Below 4%
Date: 11/23/2011    Rates For A 30-YR Fixed Drop Below 4%

Freddie Mac reported rates for a 30-yr fixed end at 3.98% for the week dropping from last week’s 4%. 

Rates for a 15-yr fixed dropped as low as 3.3%.

Despite rates being below 5% for most of the year, reports reflect 2011 as being one of the worst years for home sales in 14 years.

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