Mortgage Interest Rates Fall (Slightly) Again
Scott P. Rogers
Money continues to be cheap. Mortgage money, that is. The average mortgage interest rate fell again (slightly) to 3.71%, after having risen for a few weeks. This is a good bit below the 12 month average of 3.853%. And, notably, interest rates continue to be below 4%, as they have been for most of the past year.
This is still a great time to lock in your long-term housing costs!
