Another new low for interest rates

Mortgage Rates Drop Yet Again to New Lows

The last time rates for 30-year mortgages were as low as they are now was in April 1951. Thirty-year fixed-rate mortgages have been under 5 percent for 23 weeks in a row, according to data gathered by Freddie Mac. This week, the GSE reports that the average 30-year rate fell again to break the survey's all-time low, hitting 4.19 percent. The 15-year fixed rate also averaged a record low of 3.62 percent.



Sunil Sethi / Broker, President, REALTOR, MBA / SUNIL SETHI  REAL ESTATE
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536  

CA DRE#: 01173766