U.S. mortgage rates hit new lows – Puget Sound Business Journal

Puget Sound Business Journal

Date: Friday, September 16, 2011, 6:08am PDT

Interest rates on fixed-rate mortgages hit new record lows this week.

MarketWatch reports the average rate on a 30-year fixed mortgage dropped to 4.09 percent in the week ending Thursday, which is the lowest in the 40 years Freddie Mac has tracked that figure. For a 15-year loan, the average rate dipped to 3.30 percent.

via U.S. mortgage rates hit new lows – Puget Sound Business Journal.

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