Mortgage Rates Fall

NEW YORK (CNNMoney) — Mortgage rates sunk to record lows again this week.
December 15, 2011

The average rate on the 30-year fixed mortgage fell to 3.94%, matching the all-time low hit in early October, according to Freddie Mac’s weekly mortgage rate survey. Meanwhile, 15-year fixed-rate loans hit a new record low of 3.21%, surpassing the record set on October 6.  Five-year adjustable rate mortgages also plumbed new depths, hitting 2.86% for the week.

Read more about it at CNNMoney.