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Tag Archive | "mortgage rates"

Mortgage rates remain near record lows

Monday, December 12, 2011

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Mortgage rates dropped again this week and remain at near-record lows. Online analyst MonitorBankRates.com reported that the average 30-year mortgage rate was 3.92 percent Monday morning, down from an average of 3.95 percent last week. Rates have remained low over the last several months since the U.S. Federal Reserve announced a promise in August to […]

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Could super committee stalemate impact mortgage rates?

Monday, November 21, 2011

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As the country braces for the Congressional Super Committee to announce defeat on deficit reduction negotiations today, mortgage rates remain near all-time lows. It’s impossible to know what will happen to rates as a result of the Super Committee decision, or lack there of today, said Roy Clennan, founder and CEO of Colorado Springs-based Freedom […]

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Mortgage rates fall even lower

Friday, August 19, 2011

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Mortgage rates hit a record low this week. The average rate for a 30-year fixed-rate mortgage this week was the lowest in more than 50 years at 4.15 percent, according to a weekly survey conducted by Freddie Mac. That’s down significantly from 4.32 percent last week and 4.42 a year ago. The average rate for […]

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