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Plummeting Mortgage Rates Near Record Low

Rate for 30-year mortgage again below 5%

By Nick McMaster, Newser Staff

Posted Mar 19, 2009 12:03 PM CDT

(Newser) – Interest rates for fixed-rate mortgages decreased this week, with the rate for a 30-year mortgage falling 0.05% to an average 4.98%, near January’s record low of 4.96%, MarketWatch reports. Thirty- and 15-year mortgage rates are down nearly a full percentage point... Read full story »

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Plummeting Mortgage Rates Near Record Low

Rate for 30-year mortgage again below 5%

housing market • Federal Reserve • mortgage • interest rate • 30-year mortgage • interest rates

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