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Mortgage Rates For 30 Year Drop to Record Low

U.S. mortgage rates fell to record lows again this week, feeding demand for refinancings, as a result of government efforts to reduce rates to levels that will help the hard-hit housing market begin to recover.

Interest rates on 30-year fixed-rate mortgages averaged 4.85 percent for the week ending March 26, down from the previous week's 4.98 percent.
 

Pete

Repete
Navy Fed is 4.62% I think when I looked the other day. Wonder if it will drop below 4.5%. I am at 5.5% now on a house I didn't pay way too much for to begin with so my mortgage is very comfortable.
 

Joebagel

New Member
are they all the same

are all mortgage brokers able to offer the same rates, just with different closing costs? Or is each broker able to get you a different rate?
 

punjabigyrl

Active Member
are all mortgage brokers able to offer the same rates, just with different closing costs? Or is each broker able to get you a different rate?

They are supposed to be around there but not every bank is offering a low interest rate. Shop around with the different banks.
 
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