Mortgage rates dip below 4% — again

Fixed-rate mortgages rates were largely unchanged and near record lows, according to Freddie Mac and Bankrate mortgage surveys.The 30-year fixed dipped to 3.99% for the week ending Dec. 8 with an average 0.7 point, and at 3.27%, the 15-year, fixed-rate mortgage with an average 0.8 point, was just slightly above its all-time low of 3.26%, which it hit on Oct. 6, according to Freddie Mac.The 30-year FRM dipped from last week when it averaged 4%. Last year at this time, the 30-year FRM averaged 4.61%, the GSE said.The 15-year FRM is down from last week’s 3.3%. A year ago it averaged 3.96%.

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via Mortgage rates dip below 4% — again « HousingWire.

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