Mortgage rates hit another record low
McLEAN, Va. – July 9, 2010 — U.S. mortgage rates fell for the second straight week to the lowest level in five decades, as a refinancing boomlet took hold. Mortgage company Freddie Mac reports that the 30-year fixed-rate mortgage (FRM) average 4.57 percent, down from last week when it averaged 4.58 percent. That’s the lowest…