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Thursday, December 22, 2011
Holiday season marked by record low interest rates
Mortgage rates remain near all-time lows with the 30-year, fixed-rate mortgage setting a new record with an interest rate of 3.91%, Freddie Mac said Thursday. That's down from 3.94% a week ago. Meanwhile, the 15-year, FRM remained at 3.21%, and the 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 2.85% this week, down from 2.86% last week. Freddie Mac [...] Holiday season marked by record low interest rates:
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