Mortgage rates at a record low in US

Aaron Strutt Image

Mortgage rates in the United States have hit record lows, according to Freddie Mac's weekly report.

The average rate of a 30-year fixed mortgage fell to a low of 3.89% in January 2012. A year ago the average 30-year fix was 4.71%.

The average 15-year fixed mortgage also fell to 3.16%.

13 January 2012

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