For the first time this year, 30-year fixed mortgage rates fell below 4 percent and hit a new low for 2014, Freddie Mac reports today.
The 30-year rate averaged 3.97 percent while the 15-year, fixed rate averaged 3.18 percent. Read more from Freddie Mac.
In other headlines:
Lower Rates Revive Refinancing Boom – Daily Real Estate News
Congress must extend housing short sale tax relief – HousingWire